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.
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.
Solar power generated 13% more electricity than nuclear in the 12 months to September 2026, according to a BBC analysis using Ember data. In 2025 it had already surpassed nuclear by a narrow margin, and in 2026 it will almost certainly reach 10% of global electricity, up from 1% a decade ago. Since 2000 nuclear generation has remained roughly flat, while solar multiplied about 2,700 times. The limits lie in grids and storage.
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.
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%.
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.
US index futures pointed to a higher open on Monday after two straight losing sessions, while oil fell more than 2% after CENTCOM reported supporting the export of over 1.5 billion barrels from the Gulf since the summer. Investors await the Fed's Wednesday decision, with expectations of unchanged rates, and quarterly results from Microsoft, Alphabet and Amazon.
Dia closed the first nine months of its fiscal year with an 11.5% rise in sales in Spain, to 4.562 billion euros. The group billed 5.662.9 billion euros, up 7.8%, driven by its Spanish business, while Argentina contributed 1.100.9 billion euros, down 5.3% at current exchange rates. In the third quarter alone, sales in Spain grew 11.3%, to 1.608 billion. The company opened 85 stores in Spain during the year and ended September with 2,432 supermarkets.
Volkswagen's works council, unions and the Social Democrats criticized the group over the appearance of Gernot Döllner, Audi's chairman, at a Donald Trump campaign rally in Georgia. Döllner announced there that Audi will open its first US plant, with a 3.57 billion euro investment and 4,500 jobs. The works council called the participation "shameful" and Ig-Metall deemed it "politically unacceptable". The German government declined to comment, calling it a corporate decision.
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.
BancoEstado launched a promotion that will raffle 100 prizes among those who use RutPay to pay between October 1 and 31, 2026. Each valid payment adds one chance, and the use of Pasaje QR and a successful transfer grant additional chances only once. Winners will receive refunds on purchases at participating supermarkets during 2027, of up to $200,000 per month and up to $2,400,000 accumulated, credited to their CuentaRUT. Each participant can win only one prize.
Moeve and Galp ended more than nine months of talks to combine their refining, chemicals and mobility businesses in the Iberian Peninsula. The companies said they could not establish commercial and financial conditions that would support a lasting alliance. The project became public on January 8 with a preliminary non-binding agreement aimed at creating two energy platforms: one industrial and one focused on retail fuel distribution and mobility. Both keep their strategies and investment priorities.
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).
European natural gas trades at 95.41 EUR/MWh and reached 97.5 EUR/MWh in early trading, its highest level since 2022, with a weekly gain of 8.78% and a 231.28% rise year to date. European inventories stand at around 75% of capacity, the lowest seasonal level since 2009 according to GIE, compounded by Norwegian supply restrictions reported by Gassco and an 80% year-on-year drop in Middle East LNG shipments to Europe.
The daily Euribor rate stands at 3.225% on Monday, October 26, 2026, a drop of 0.042 points from the previous day. The October monthly average stands at 3.227%, compared with 3.247% in September and 2.954% in August. The indicator, a benchmark for variable-rate mortgages in Spain, is calculated Monday to Friday at 11:00 and published in the Official State Gazette.
Bitcoin went from nearing its highs since January to more than one-month lows within days, briefly falling below $80,000: it reached $79,300, far from the $85,000 it neared the previous week. Turmoil in financial markets, particularly in AI-linked investment themes, cooled crypto optimism. The fear and greed index has been out of greed levels for nearly three weeks and is approaching the fear threshold. Spot bitcoin ETFs recorded net outflows of $773 million on Thursday and Friday.
US futures trade higher at the start of the week in a context marked by geopolitical tension in the Middle East, with Trump saying it was "time to decide" between a deal with Iran or resuming attacks. The dollar weakens slightly, EUR/USD recovers 1.1200 after Moody's kept France's rating at Aa3, gold is back above $4,000 an ounce and oil retreats. Attention centers on monetary policy decisions and corporate earnings.
Experts gathered at the Energy panel of the EXPANSIÓN GreenWorld & Sustainability forum said Spain's grid and storage infrastructure is ready to cover current and future demand, including that of new projects such as data centers. Miguel de la Torre of Red Eléctrica said the transmission grid is not saturated, although 96 GW of wind and solar capacity hold access and connection permits without being in service, along with 33 GW of battery storage with permits.
Mastercard is seeking to expand its business in Venezuela by modernizing payment methods and developing new consumer experiences. Carlos Quintero, the company's executive vice president of Marketing and Communications for Latin America and the Caribbean, told Bloomberg Línea that optimism in the country opens an opportunity to accelerate the adoption of digital technologies. The firm is pushing initiatives such as tokenization, cybersecurity tools and insurance tied to payments, and is preparing an alliance with the Venezuelan Professional Baseball League.
Galp confirmed in a statement that, after several months of negotiations, "it was not possible to reach an agreement" with the shareholders of Spain's Moeve, Mubadala Investment Company and Carlyle, to combine their downstream, refining and distribution businesses. The Portuguese oil company said the outcome does not affect its operations. Moeve CEO Maarten Wetselaar said the combination was an opportunity to accelerate value creation but that it never depended on it. Galp also reported net profit of 682 million euros in the third quarter, up 68% year on year.
