• 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 closed higher in Colombia at COP 3,147.40

FinanceColombiaEl Espectador40 s readAI summary
Image: El Espectador

The dollar closed on Tuesday at COP 3,147.40, after falling to COP 3,130 on Monday and closing at COP 3,145 on Friday, October 23. The TRM stood at COP 3,157.94, 0.02% less than the previous day. Analyst Diego Sogamoso noted that the currency trades below its 50-day moving average, around COP 3,173. External factors include the Federal Reserve meeting, the Brent price and Lula's victory in Brazil.

In 40 seconds

  • The dollar closed at COP 3,147.40 and the TRM stood at COP 3,157.94, 0.02% less than the previous day.
  • According to Diego Sogamoso, the currency trades below its 50-day moving average, around COP 3,173.
  • The Federal Reserve meets on October 27 and 28 and the market sees it as likely to keep its rate between 3.75% and 4%.
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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