• 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 opened at COP 3,182.55 in Colombia, COP 18.79 above the October 21 TRM

FinanceColombiaEl Universal (Cartagena)40 s readAI summary
Image: El Universal (Cartagena)

The dollar opened this Wednesday, October 21, at COP 3,182.55, an increase of COP 18.79 compared with the day's TRM of COP 3,163.76. In the opening the currency hit a low of COP 3,182 and a high of COP 3,196, with 19 trades worth US$10 million. Mauricio Acevedo, FX and derivatives strategist at Corficolombiana, said the market is resolving the crossing of a medium-term bullish trend and a bearish one, and that for now the bullish one is somewhat stronger.

In 40 seconds

  • The dollar opened at COP 3,182.55, COP 18.79 above the TRM of COP 3,163.76.
  • The opening showed a low of COP 3,182 and a high of COP 3,196, with 19 trades worth US$10 million.
  • Corficolombiana sees a crossing between a medium-term bullish and bearish trend, with no confirmation of which will prevail.
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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