• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
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13 of 19 entities surveyed by Anif expect Banco de la República to raise the rate to 12.50% in October

FinanceColombiaPortafolio10 s readAI summary
Image: Portafolio

According to Anif's survey, 13 of 19 entities expect Banco de la República to raise its interest rate to 12.50% in October. The central bank would raise rates amid annual inflation of 6.29%, above its target.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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