Thursday, May 31, 2007

Price Honda Xr Cambodia

19.53 pesos dollar fell to 1999 levels

The price of the dollar on Thursday reported the biggest drop of the year in the foreign exchange market in Colombia and was placed at the levels had almost eight years.

average value in the exchange rate lost 31 pesos to 40 cents trading at 900 pesos thousand eight cents.

In the last operation on the day, the dollar was trading at 894 billion pesos to 10 cents. At the conference reached a low of 890 thousand pesos. On August 20, 1999, Representative Market Rate (RMR) was quoted in a thousand 892 and 907 thousand pesos a day later.

The fall was attributed to the confidence in the markets generated passage in penultimate debate of the proposed reform and territorial transfers to the poor growth of the U.S. economy in the first quarter of just a 0 , 6 percent from 1.3 percent expected.

Finance Minister Oscar Ivan Zuluaga said fears that the Federal Reserve to lower U.S. interest rates to revive the economy, which widen the gap we have with Colombia and produce the arrival in the country's new capital to press further revaluation of the peso.