• 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 strengthens as dollar opens at 3,147.48 pesos after oil and US bond declines

FinanceColombiaEl Colombiano35 s readAI summary
Image: El Colombiano

The dollar opened lower in Colombia at 3,147.48 pesos, 10.95 pesos below the day's TRM of 3,158.43, with a low of 3,139 and a high of 3,155 during the opening. Downward pressure on the greenback is linked to lower US debt yields and a nearly 2% drop in Brent crude to US$114.50 per barrel, after Qatari mediators traveled to Tehran for efforts aimed at reducing regional tensions.

In 35 seconds

  • The dollar opened at 3,147.48 pesos, 10.95 pesos below the TRM of 3,158.43, within a range of 3,139 to 3,155.
  • 10-year Treasury yields stood at 4.967% and 30-year yields at 5.299%, near one-month lows.
  • Brent fell nearly 2% to US$114.50 per barrel after Qatari mediators traveled to Tehran.
Read the full story at El Colombiano

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

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