DOLLAR IN COLOMBIA
Last Wednesday the dollar in Colombia closed session with a settling point of $3.323. Even when at the beginning of the session everything showed that the settlesing point was going to be less than $3.300, but the coin showed otherwise.
But the real question all Colombians wonder is, why does the dollar constantly goes up and down? the answer is due to the demand on the coin and its availability. If there is not a lot of availability, and a big demand, dollar becomes more expensive since more people wants it and the global market takes advantage of this.
So, here you have it, no wonder why on December, 2013 dollar closed session at a setteing point of $1.926 and today it is at $3.323.
By Maria Camila Montes, Step 10
