• 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
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Colombian economy enters a slowdown: GDP would fall below 2% in the third quarter

FinanceColombiaValora Analitik15 s readAI summary
Image: Valora Analitik

The Colombian economy is entering a slowdown phase, with GDP set to fall below 2% in the third quarter, according to Valora Analitik. The weak productive outlook is explained by an appreciated peso, the rationalization of public spending, high interest rates and the damage caused by the earthquake.

Read the full story at Valora Analitik

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

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