• 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

For every $100 the dollar falls, the coal sector would lose 450 billion pesos

FinanceColombiaLa República15 s readAI summary

According to the coal sector's calculations, every $100 drop in the dollar's price would mean losses of 450 billion pesos for the sector. The sector works with an average exchange rate of 3,700 pesos per dollar, so the current difference of more than 500 pesos would imply losses above 2 trillion pesos.

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

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