• 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 opened lower in Colombia at COP 3,284.12, COP 12.95 below the TRM

FinanceColombiaEl Universal (Cartagena)AI summary
Image: El Universal (Cartagena)

The dollar opened lower in Colombia on Thursday at COP 3,284.12, COP 12.95 below the day's TRM of COP 3,297.07. In the first 19 trades the average price rose to COP 3,291.60. Mauricio Acevedo, FX and derivatives strategist at Corfi, described the recent behavior as "a transitory truce" after several sessions of gains that brought the rate close to COP 3,300, and noted the market has seen 11 consecutive years of a year-end bearish pattern.

In 35 seconds

  • The dollar opened at COP 3,284.12, COP 12.95 below the TRM of COP 3,297.07.
  • In the first 19 trades the average price rose to COP 3,291.60.
  • Corfi identifies resistance at COP 3,292, 3,300 and 3,310, and support at COP 3,280, 3,272 and 3,250.
Read the full story at El Universal (Cartagena)

IASummary generated by artificial intelligence from a story by El Universal (Cartagena). It may contain errors: the original source prevails.

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