• 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, below COP 3,150

FinanceColombiaEl Espectador35 s readAI summary
Image: El Espectador

The dollar opened lower on Tuesday in Colombia, below COP 3,150. The market is tracking uncertainty over Luiz Inácio Lula da Silva's victory in Brazil, the Colombian government's dollar bond sale maturing in 2032, 2037 and 2056, and expectations around rate decisions by the Federal Reserve and Banco de la República, which meets on Friday, October 30, with its rate at 12.25%.

In 35 seconds

  • The dollar opened lower on Tuesday, below COP 3,150.
  • Colombia's government is selling dollar bonds for the first time since January, with maturities in 2032, 2037 and 2056.
  • The Federal Reserve decides rates on October 27 and 28; Banco de la República on Friday, October 30, with its rate at 12.25%.
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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