Dollar closed at COP 3,147.40 as markets await Banco de la República decision

FinanceColombiaEl EspectadorOct 29, 2026, 8:28 AM40 s readAI summary

The dollar closed Tuesday at COP 3,147.40, after moving from COP 3,145 on Friday, October 23, to COP 3,130 on Monday, October 26. Analyst Diego Sogamoso noted the currency trades below its 50-day moving average, near COP 3,173. The Fed meets on October 27 and 28 and the market sees it likely holding its rate between 3.75% and 4%. Banco de la República decides this Friday, October 30, on a rate currently at 12.25%.

In 40 seconds

The dollar closed Tuesday at COP 3,147.40, below its 50-day moving average of around COP 3,173.
The Federal Reserve meets on October 27 and 28 and the market sees it likely keeping its rate between 3.75% and 4%.
Banco de la República will set its rate on Friday, October 30, currently at 12.25%, with expectations split between holding and raising it to 12.50%.

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.

dólar
peso colombiano
Banco de la República
Reserva Federal
deuda

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Dollar closed at COP 3,147.40 as markets await Banco de la República decision

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