• 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

Colombian peso closes lower on Monday, October 26, averaging $3,157.56

FinanceColombiaVanguardia30 s readAI summary
Image: Vanguardia

The dollar closed Monday, October 26, with a slight decline in Colombia. According to Bolsa de Valores de Colombia data, the currency averaged $3,157.56, below the TRM in force, with lows of $3,130 and highs of $3,179.75. The move comes as Brent trades above US$110 and ahead of the Banco de la República board meeting on Friday, October 30, where analysts expect another interest rate hike from the current 12.25%.

In 30 seconds

  • The dollar averaged $3,157.56 for the session, below the TRM in force.
  • The currency ranged between a low of $3,130 and a high of $3,179.75, according to the BVC.
  • Brent crude trades above US$110 per barrel.
Read the full story at Vanguardia

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

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