• TRM (USD/COP)COP 3,297.07 +0.83% +COP 27.19Colombia's official exchange rate (Financial Superintendence), valid Nov 11 to Nov 12
  • EuroCOP 3,668.67 +0.05% +COP 1.82Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote
  • Mexican pesoCOP 176.70 +0.26% +COP 0.46Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote

Dollar opens at COP 3,282.88, down 12.8 pesos from the previous close

FinanceColombiaEl EspectadorAI summary
Image: El Espectador

The dollar resumed trading on Thursday, November 12, after the Wednesday holiday in the United States, opening at COP 3,282.88, a drop of 12.8 pesos from the previous close of COP 3,295.68. The TRM stands at COP 3,297.07. Factors cited include the Federal Reserve's decision to hold rates, a roughly 12% weekly drop in Brent and the U.S. jobs report, which raised the probability of a Fed hike in December from 70% to 78%.

In 35 seconds

  • The dollar opened at COP 3,282.88, down 12.8 pesos from the previous close of COP 3,295.68.
  • The TRM stands at COP 3,297.07, unchanged from the prior session.
  • Brent fell about 12% during the week and touched USD 93, its lowest level in two months.
Read the full story at El Espectador

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

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