• 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

Dollar opens at COP 3,145 in Colombia, COP 3.02 below the day's TRM

FinanceColombiaEl Universal (Cartagena)35 s readAI summary
Image: El Universal (Cartagena)

The dollar opened trading in Colombia at COP 3,145, a difference of COP 3.02 from the day's TRM of COP 3,148.02, and rose COP 4 against that reference in the first minutes of trading. The market expects the Federal Reserve to hold rates at 4% at its Wednesday meeting, amid elevated inflation driven by oil and possible pressures from the El Niño phenomenon, according to Mauricio Acevedo of Corficolombiana.

In 35 seconds

  • The dollar opened at COP 3,145, a difference of COP 3.02 from the TRM of COP 3,148.02.
  • In the first minutes of trading the price rose COP 4 against the TRM.
  • The market expects the Fed to hold rates at 4% on Wednesday.
Read the full story at El Universal (Cartagena)

IASummary generated by artificial intelligence from a story by El Universal (Cartagena). It may contain errors: the original source prevails.

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