• 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-dollar rate seen trading between $3,160 and $3,250 in coming days, Global66 says

FinanceColombiaPortafolioAI summary
Image: Portafolio

After the close of October and the decisions of Banco de la República and the Federal Reserve, Colombia's currency market begins a week in which the dollar is projected to trade in a range of $3,160 to $3,250, according to Daniel Londoño Tapia, Country Manager at Global66. The official exchange rate in force at the start of the week was set at $3,182.99. In the last week of October the currency rose $24.56 (0.78%), after a bearish trend of more than 5% during the month.

In 40 seconds

  • Global66 projects a trading range of $3,160 to $3,250 for the dollar in the coming days.
  • The official exchange rate at the start of the week was set at $3,182.99.
  • Banco de la República held its rate at 12.25% in a four-to-three split vote.
Read the full story at Portafolio

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

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading