• 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 falls sharply as Colombian peso becomes the most revalued emerging currency

FinanceColombiaLa República15 s readAI summary
Image: La República

The dollar fell sharply during the previous day's session and the Colombian peso stands as the most revalued emerging currency, according to La República. High interest rates and carry trade operations favor demand for Colombian pesos, a currency that has appreciated 22.56% over the past year.

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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