Finance

Colombian peso opens weaker above 3,170 as markets eye Fed and Banco de la República
The dollar in Colombia opened Monday at 3,171.30 pesos, up 19.92 pesos (0.63%) from Friday's close and above the TRM of 3,158.43, though it pared part of the gain toward 3,163. The week is marked by the Fed's decision on Wednesday, with about a 90% probability of keeping rates between 3.75% and 4.00%, and by Banco de la República's decision on Friday, with a policy rate of 12.25% and annual inflation of 6.29%. The government announced it will present the Fiscal Rescue Law.
FinanceColombiaXTB.comOct 26AI
Dollar opens at COP 3,155 in Colombia, up 0.32%
The dollar opened this Monday, October 26, 2026, at COP 3,155 in Colombia, about COP 10 above Friday's close of COP 3,145, a 0.32% rise. In the first hour the average price reached COP 3,157.35 and the TRM stood at COP 3,158.43, 18.15% lower than a year earlier. The market is watching Lula's victory in Brazil, the Government's international bond issuance and the meetings of the Federal Reserve and Banco de la República.
FinanceColombiaDiario del SurOct 26AI
Dollar opens last week of October up $10 in Colombia at $3,155
The dollar in Colombia began the last week of October at $3,155, $10 more than Friday's close. The minimum price was $3,139 and the maximum $3,155, with an average of $3,145, $13 above the representative market rate published by the Financial Superintendency. The market is watching the rescue law announced by the De la Espriella government, aimed at cleaning up the country's finances, and the Banco de la República's rate decision expected on Friday.
FinanceColombiaPulzoOct 26AI
Former Supersolidaria chief says questioned payments at a company linked to Coosalud were reported to the Prosecutor's Office and are not health funds
María José Navarro, former superintendent of the Solidarity Economy, said the questioned payments from accounts of a company linked to the Coosalud Cooperative correspond to a uniform manufacturing firm and not to funds from the health system. According to Navarro, when the intervening agent informed her of the facts she advised reporting them to the Prosecutor's Office, which the intervention did in February 2026. The former official asked that these revelations not divert attention from investigations into the handling of health funds during Jaime González's administration.
FinanceColombiaEl TiempoOct 26AI
Bre-B prepares move into business and government payments for 2027
Banco de la República is preparing a new phase of Bre-B that would extend its use to business and government payments, according to Ana María Prieto, director of the central bank's payment system. The regulatory proposal is under industry comment and the new services could start in 2027. Bre-B, which marked one year in October, has seen more than 110 million keys created and grew from 2 million to more than 10 million daily payments; in September it moved COP 30 trillion.
FinanceColombiaVanguardiaOct 26AI
Five candidates vie for Andi's executive presidency after Bruce Mac Master's departure
Colombia's National Association of Entrepreneurs (Andi) has five candidates for its executive presidency following Bruce Mac Master's departure: Luz Stella Murgas, Carlos Andrés De Hart Pinto, Juan Camilo Nariño Alcocer, Nicolás Uribe Rueda and Jaime Bermúdez Merizalde. Their backgrounds span the gas industry, mining, agribusiness, commerce, consulting and international relations. The selection takes place amid differences between the national government and the business group during Mac Master's final stage, who raised concerns about pressures that could affect the organization's independence.
FinanceColombiaEl Universal (Cartagena)Oct 26AI
Colombian peso strengthens as dollar opens at 3,147.48 pesos after oil and US bond declines
The dollar opened lower in Colombia at 3,147.48 pesos, 10.95 pesos below the day's TRM of 3,158.43, with a low of 3,139 and a high of 3,155 during the opening. Downward pressure on the greenback is linked to lower US debt yields and a nearly 2% drop in Brent crude to US$114.50 per barrel, after Qatari mediators traveled to Tehran for efforts aimed at reducing regional tensions.
FinanceColombiaEl ColombianoOct 26AI
Dollar reverses trend and rises in Colombia despite falling oil and US bonds
The dollar is trading higher at 3,160 pesos in Colombia, a difference of 1.57 pesos from the day's TRM of 3,158.43, after opening with a low of 3,139 and a high of 3,155. The session was marked by falling US Treasury yields and a nearly 2% drop in Brent crude to US$114.50 per barrel. Investors remain focused on this week's monetary policy decisions.
FinanceColombiaEl ColombianoOct 26AI
Colombian peso: dollar opened the week with a slight rise after Lula's win in Brazil
The dollar opened the week with a slight rise versus Friday's close, when it ended near COP 3,145 after falling almost COP 13 in the spot market between Monday, October 19, and Friday, October 23. Luiz Inácio Lula da Silva's victory in Brazil with 51.8% of the vote surprised investors positioned for a Flávio Bolsonaro win. Domestically, the government is selling dollar bonds maturing in 2032, 2037 and 2056, and the market awaits decisions from the Fed and Banco de la República.
FinanceColombiaEl EspectadorOct 26AI
Bold secures COP 37.45 billion loan from BBVA Spark to expand credit to MSMEs
Cuatrecasas advised Colombian fintech Bold on a COP 37.45 billion bilateral loan granted by BBVA Spark, aimed at expanding its lending capacity for micro, small and medium-sized companies in Colombia. After six years of operations, Bold has onboarded more than 700,000 merchants to its platform and its card payment processing is equivalent to about COP 20 trillion in annual transactions.
FinanceColombiaCuatrecasasOct 26AI
Dollar at Colombian exchange houses: prices by city and TRM of $3,158.43 on October 26
The dollar price at Colombian exchange houses varies by city and establishment this Monday, October 26, 2026. In Bogotá the buy rate is $3,170 and the sell rate $3,230; in Medellín, $3,070 and $3,180; in Cali, $3,100 and $3,250; in Cúcuta, $3,170 and $3,210; in Cartagena, $3,750 and $3,980; and in Pereira, $3,730 and $3,800. The day's TRM is $3,158.43, compared with $3,185.01 on Friday, October 23.
FinanceColombiaDiario del SurOct 26AI
Dollar opens lower in Colombia and trades below COP 3,150
The dollar opened this Monday at COP 3,147.48, COP 10.95 below the day's TRM of COP 3,158.43. During the opening it hit a low of COP 3,139 and a high of COP 3,155. The decline is linked to lower US Treasury yields and weaker oil prices: Brent futures fell about 2% to US$114.50 per barrel. The dollar index was nearly flat at 101.65 units.
FinanceColombiaEl Universal (Cartagena)Oct 26AI
Dollar opens at 3,147.48 pesos on Monday, October 26, in Colombia
The dollar opened Monday, October 26, at 3,147.48 pesos in Colombia, 10.95 pesos below the day's official exchange rate (TRM) of 3,158.43. In early trading the price ranged between a low of 3,139 and a high of 3,155. Compared with Friday the 23rd's rate of 3,185.01, the reduction is 26.58 pesos. So far in 2026 the currency has accumulated a decline of 598.65 pesos, equivalent to 15.93%.
FinanceColombiaNoticias RCNOct 26AI
Dollar opens at COP 3,155, COP 3 below the TRM for October 26
The dollar began trading on October 26 at COP 3,155, COP 3 below the COP 3,158 TRM set by the SuperFinanciera for the day. In the first minutes the currency showed volatile behavior, with a high of COP 3,160 and a low of COP 3,139, and an average price of COP 3,155. Traded volume so far stands at 250 million. Globally, the dollar index was down 0.18% at 70.905 units.
FinanceColombiaRevista SemanaOct 26AI
Dollar opened higher in Colombia at COP 3,155
The dollar opened this Monday in Colombia at COP 3,155, according to the SET-FX system, up COP 10 from Friday's spot market close of COP 3,145. Most entities surveyed by Anif expect Banco de la República to raise its policy rate by 25 basis points, from 12.25% to 12.50%, amid annual inflation of 6.29%. Internationally, markets are watching a Donald Trump executive order on mortgage costs, a US$40 billion debt financing by SpaceX and expectations of rate hikes from the Bank of Japan.
FinanceColombiaLa FMOct 26AI
Colombia's exchange rate for Monday, October 26, stands at 3,158.43 pesos per dollar
The Representative Market Rate in force this Monday, October 26, 2026, is 3,158.43 pesos per dollar, according to Colombia's Financial Superintendence, a decrease of 26.58 pesos (0.83%) from the 3,185.01 pesos on Friday, October 23. At exchange houses, Cartagena records the highest buying price at 3,750 pesos per dollar and Medellín the lowest selling price at 3,180. The widest spread is in Cartagena (230 pesos) and the narrowest in Cúcuta (40 pesos).
FinanceColombiaRevista SemanaOct 26AI
Cartagena posted 5.94% annual inflation in September 2026, below the national average
Cartagena's annual inflation in September 2026 was 5.94%, compared with the 6.29% national average, according to DANE's CPI. A year earlier the figures were 5.13% and 5.18%. The Cartagena Cómo Vamos program said the city had the second-lowest variation among six capitals and ranked 12th among 22 cities measured. Education (10.23%) and restaurants and hotels (8.58%) posted the largest increases; information and communication the smallest (3.49%).
FinanceColombiaEl Universal (Cartagena)Oct 26AI
Analysts expect the dollar between 3,250 and 3,300 pesos at year-end
Analysts expect the dollar to rebound in Colombia toward the end of 2026. The Davivienda Corredores Financial Assets Survey, conducted between October 13 and 19, found that 60 percent of the institutional investors consulted expect the dollar between 3,200 and 3,400 pesos at year-end, with a median of 3,300. Credicorp Capital estimates 3,250 pesos for December, compared with 3,148 pesos at the previous Friday's interbank close. Foreign currency inflows and US rates influence the price.
FinanceColombiaEl TiempoOct 25AI
Dollar ends the week nearly flat in Colombia: TRM at COP 3,158.43 and spot at COP 3,145
The dollar ended the week almost where it started in Colombia. The TRM moved from COP 3,156.46 on Monday, October 19, to COP 3,158.43 on Friday, October 23, a rise of COP 1.97, and never exceeded COP 3,200. In the spot market the decline was nearly COP 13, to COP 3,145. High oil prices, domestic fiscal uncertainty, global risk aversion and the Banco de la República's 12.25% rate explain the behavior, according to the analysts cited.
FinanceColombiaEl EspectadorOct 25AI
Users' League reports 7.2% increase in electricity tariffs in the Caribbean region
The Liga Nacional de Servicios Públicos Damnificados de la Costa Caribe reported that the kilowatt hour rose from $873 to $936 in October, an increase of $63 equivalent to 7.2%, which would be reflected in November bills for users in Atlántico, Magdalena and La Guajira, served by Air-e Intervenida. The organization linked the adjustment to the distributor's financial difficulties and questioned the additional charge under the CREG's Temporary Energy Saving Program.
FinanceColombiaEl TiempoOct 25AI