Dollar opens in Colombia above $3,320 after new US inflation data
The dollar in Colombia (USDCOP) opened this Friday at $3,328.29, $26.38 above the TRM of $3,301.91. The session is marked by the release of the US producer price index, which rose 0.3% month-on-month in October, below the expected 0.4%, while annual wholesale inflation went from 6.3% to 6.5%. The market maintains expectations of a 25-basis-point Fed rate hike in December. Ecopetrol reported profits of 4.75 trillion pesos in the third quarter.
In 35 seconds
- USDCOP opened at $3,328.29, $26.38 above the TRM of $3,301.91.
- The US PPI rose 0.3% month-on-month in October, below the expected 0.4%, and annual wholesale inflation went from 6.3% to 6.5%.
- The market maintains expectations of a 25-basis-point Fed hike in December.
IASummary generated by artificial intelligence from a story by XTB.com. 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.