• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
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  • 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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VAT refund would change under fiscal rescue law: EfectIva is created and proposes refunding 100% to poor households

FinanceColombiaPortafolio15 s readAI summary
Image: Portafolio

The VAT refund would change under the fiscal rescue law through a new mechanism called EfectIva, which proposes refunding 100% to poor households. According to the published information, the Department for Social Prosperity will credit the funds monthly with a digital invoice.

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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