• TRM (USD/COP)COP 3,269.88 +0.99% +COP 32.05Colombia's official exchange rate (Financial Superintendence), valid Nov 10 to Nov 10
  • EuroCOP 3,666.85 +1.43% +COP 51.83Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote
  • Mexican pesoCOP 176.24 +1.81% +COP 3.13Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote
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Banco Mundo Mujer CEO: scrapping the usury rate would make the 'gota a gota' legal

FinanceColombiaPortafolio10 s readAI summary
Image: Portafolio

Vicente Velasco, CEO of Banco Mundo Mujer, warns that if the usury rate is eliminated, the 'gota a gota' phenomenon would become legal. Velasco also says natural disasters affected the bank's clients.

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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