• 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 3,161 in Colombia, COP 13 above the TRM

FinanceColombiaELHERALDO.CO35 s readAI summary
Image: ELHERALDO.CO

The dollar in Colombia began Wednesday's session at an average of COP 3,161, an increase of COP 13 compared with the TRM of COP 3,148.02. The currency opened higher amid expectations for the Federal Reserve's rate decision and inflationary pressures from rising energy prices. Corficolombiana said inflation remains high due to oil prices and could face new pressures from the onset of the El Niño phenomenon.

In 35 seconds

  • The dollar opened at COP 3,161, COP 13 above the TRM of COP 3,148.02.
  • The market awaits the Fed's rate decision, with about a 90% probability of no change, according to FedWatch.
  • Corficolombiana warns inflation remains high due to oil and could face added pressure from El Niño.
Read the full story at ELHERALDO.CO

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

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading