• 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 3,645.53 +2.52% +COP 89.47Reference: TRM crossed with the European Central Bank rate of Nov 4; not the market quote
  • Mexican pesoCOP 173.52 +3.08% +COP 5.18Reference: TRM crossed with the European Central Bank rate of Nov 4; not the market quote

Dollar opens at COP 3,235 after Democratic victory in the U.S. elections

FinanceColombiaELHERALDO.COAI summary
Image: ELHERALDO.CO

The dollar in Colombia opened this Wednesday at an average of COP 3,235, stable against the TRM of COP 3,235.59, after the Democratic Party won control of the Senate and the House of Representatives in the U.S. midterm elections. The result raised expectations of changes in Donald Trump's economic agenda and greater regulation of sectors such as artificial intelligence. Investors bought stocks, while Treasury bond yields and the dollar's quote retreated.

In 35 seconds

  • The dollar opened at COP 3,235, in line with the TRM of COP 3,235.59.
  • Democrats won control of the Senate and the House of Representatives.
  • The market expects changes in Trump's economic agenda and more regulation of artificial intelligence.
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.

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