• 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

Colombia's Finance Ministry proposes changing the pension indexation formula

FinanceColombiaLa República15 s readAI summary

Colombia's Ministry of Finance proposes modifying the pension indexation formula. The current rule sets that the higher value must be taken between the average real productivity growth of the last 10 years and 35% of the average inflation, according to the news description.

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.

More flashes