• 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

Dollar opened $3.6 below the TRM amid expectations the Fed will not raise rates

FinanceColombiaLa República15 s readAI summary
Image: La República

The dollar opened $3.6 below the TRM, in a session shaped by expectations that the Federal Reserve will not raise its rates. According to the report, prediction markets also raised their estimated probability that the Fed will raise rates at its next meeting on October 27.

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