• 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

Analysts expect Banco de la República to raise rates to 12.50% in October

FinanceColombiaLa República15 s readAI summary

According to a survey of analysts, most expect the Banco de la República's board to raise the interest rate to 12.50% in October. Only six of 19 surveyed entities expect the central bank to hold the rate at 12.25%, including Aval Asset Management and Alianza Valores.

Read the full story at La República

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

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