Post by account_disabled on Mar 6, 2024 23:40:27 GMT -8
The of the same year it had only risen 3. This sudden rise was mainly due to three factors political uncertainty after the presidential elections in the United States which could lead to trade problems with China the constant decrease in international reserves by the Central fiscal default by the Colombian government rumors that ultimately did not materialize. How does the rise of the Dollar affect us Dollar Its consequences are direct and immediate higher prices of inputs for national production and imports because more pesos are paid for the dollars needed to make them loss of competitiveness compared to other producers because now our products are worth more pesos compared to dollars general.
Weakening of personal and business finances because all products from basic services to imported Job Function Email List items are more expensive and considerable reduction in purchasing power because each peso is worth less. Analysis The Colombian economy is going through very difficult times due to the global recession and the constant rise in the price of the dollar. However it is not too late to act and by taking the right measures we can get out of this economic downturn soon. You can also read How to do Marketing in times of Crisis and sell more in your Business Colombia has been characterized as a stable country in its economy and its institutions are serious and strong.
Such as the Bank of the Republic the economic management of the Ministers of Finance and the independence of the three branches of the state. Conclusion Colombian entrepreneurs must be attentive to the evolution of the economy to be able to make the best decisions in critical moments like this. However we must always remember that crises like these are inevitable and represent opportunities for those who know how to take advantage of them. Stay informed on the latest economic news to stay one step ahead of your competition and ensure the continuity.
Weakening of personal and business finances because all products from basic services to imported Job Function Email List items are more expensive and considerable reduction in purchasing power because each peso is worth less. Analysis The Colombian economy is going through very difficult times due to the global recession and the constant rise in the price of the dollar. However it is not too late to act and by taking the right measures we can get out of this economic downturn soon. You can also read How to do Marketing in times of Crisis and sell more in your Business Colombia has been characterized as a stable country in its economy and its institutions are serious and strong.
Such as the Bank of the Republic the economic management of the Ministers of Finance and the independence of the three branches of the state. Conclusion Colombian entrepreneurs must be attentive to the evolution of the economy to be able to make the best decisions in critical moments like this. However we must always remember that crises like these are inevitable and represent opportunities for those who know how to take advantage of them. Stay informed on the latest economic news to stay one step ahead of your competition and ensure the continuity.
