• 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 lower in Colombia and trades below the TRM

FinanceColombiaDiario del Sur30 s readAI summary
Image: Diario del Sur

Colombia's currency market opened this Tuesday with a new drop in the dollar, which stood around COP 3,135.20 and traded near COP 3,111 in the first moves of the session, below the day's TRM of COP 3,157.94. The decline benefits those paying for imported goods, making international purchases or planning trips abroad, while it can reduce the peso income of exporters and of those receiving remittances or payments in US currency.

In 30 seconds

  • The dollar opened near COP 3,135.20 and traded around COP 3,111 during the session.
  • The day's TRM stood at COP 3,157.94, above the quotes registered.
  • A cheaper dollar favors importers, international buyers and travelers abroad.
Read the full story at Diario del Sur

IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.

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