• 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

Credicorp projects the dollar at 3,250 pesos at year-end and between 3,519 and 3,600 for 2027

FinanceColombiaRevista Semana35 s readAI summary
Image: Revista Semana

Credicorp estimates the dollar will close the year at 3,250 pesos, near the market consensus of 3,258, and that in 2027 it will range between 3,519 and 3,600. The Colombian peso has accumulated an 18% appreciation so far this year, compared with 8.6% for the Brazilian real. The firm attributes the behavior to external factors, such as the Fed's rate hike, and local ones, such as the reduction in the risk premium and the risk of the El Niño phenomenon.

In 35 seconds

  • Credicorp projects the dollar at 3,250 pesos at year-end, near the 3,258 consensus
  • For 2027 the estimate ranges between 3,519 and 3,600
  • The Colombian peso has accumulated an 18% appreciation this year, versus 8.6% for the Brazilian real
Read the full story at Revista Semana

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

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