Colombian dollar hit highs of COP 3,309.99 after US inflation data
The dollar in Colombia rose on Tuesday and reached a high of COP 3,309.99 after US inflation came in above expectations (0.4% monthly versus a forecast 0.3%). The currency gained COP 27.45 against the TRM, in a session marked by expectations that the Fed could raise interest rates more aggressively. On Wednesday the currency opened at COP 3,292, below the TRM of COP 3,297.07.
In 30 seconds
- The dollar reached a high of COP 3,309.99 and gained COP 27.45 against the TRM.
- US monthly inflation was 0.4%, above the expected 0.3%.
- The market expects the Fed could raise interest rates more aggressively.
IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.




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