• TRM (USD/COP)COP 3,269.88 +0.99% +COP 32.05Colombia's official exchange rate (Financial Superintendence), valid Nov 10 to Nov 10
  • EuroCOP 3,666.85 +1.43% +COP 51.83Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote
  • Mexican pesoCOP 176.24 +1.81% +COP 3.13Reference: TRM crossed with the European Central Bank rate of Nov 10; not the market quote

Colombian dollar keeps rising and closes at COP 3,297.33

FinanceColombiaLa FMAI summary
Image: La FM

The dollar closed the session higher at COP 3,297.33, COP 27.45 above the day's TRM, after hitting a high of COP 3,309.99 and a low of COP 3,268, across 1,633 transactions worth US$1.208 billion. The Colombian peso weakened due to the fiscal deficit trend, the rescue plan and dollar availability, according to Mauricio Acevedo. Dane reported annual inflation of 6.30% in October, versus 6.29% in September and analysts' 6.38% forecast.

In 35 seconds

  • The dollar closed at COP 3,297.33, COP 27.45 above the TRM, with a high of COP 3,309.99 and a low of COP 3,268.
  • 1,633 transactions worth US$1.208 billion were carried out during the session.
  • The peso weakened due to the fiscal deficit, the rescue plan and dollar availability, according to Mauricio Acevedo.
Read the full story at La FM

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

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