Colombian peso opens weaker as dollar rises to 3,171.02 ahead of Fed decision
The dollar in Colombia (USDCOP) opened higher on Wednesday at 3,171.02 pesos, a gain of about 21.87 pesos from Tuesday's close, equivalent to 0.69%. The rate sits 23 pesos above the TRM of 3,148.02 and approached 3,175 in early trading, on a day marked by the Federal Reserve's rate decision, with the market expecting rates to be held between 3.75% and 4.00%.
In 30 seconds
- USDCOP opened at 3,171.02, up 21.87 pesos (0.69%) from Tuesday's close.
- The rate is 23 pesos above the 3,148.02 TRM and neared 3,175 in early trading.
- The market expects the Fed to hold rates between 3.75% and 4.00%, with attention on signals for December.
IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.




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