• 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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Study forecasts 6.87% inflation would push Banco de la República rate to 12.50% by end-2026

FinanceColombiaPortafolio15 s readAI summary
Image: Portafolio

A study warns that 6.87% inflation would lift Banco de la República's policy rate to 12.50% by the end of 2026. According to the experts' projections cited by Portafolio, the central bank would raise the rate by 25 basis points at its October meeting.

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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