• 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 3,653.47 -0.36% -COP 13.38Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote
  • Mexican pesoCOP 176.40 +0.09% +COP 0.16Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote
Quilla NewsFinance & Technology
ENES

Dollar closes at 3,301.87 pesos and again tops the 3,300 mark

FinanceColombiaLa FMAI summary
Image: La FM

The dollar closed Thursday at 3,301.87 pesos, after opening the session at 3,297.07, a rise of 4.8 pesos against the day's TRM. The currency had not closed above 3,300 in roughly a month and ten days, when it ended at 3,307.73. According to Mauricio Acevedo, currency and derivatives strategist at Corficolombiana, the recent behavior reflects "a temporary truce" after several sessions of gains, and he does not rule out a return to the downward phase if the pattern of the past four months repeats.

In 40 seconds

  • The dollar opened at 3,297.07 and closed at 3,301.87, up 4.8 pesos against the day's TRM.
  • The last time it closed above 3,300 was about a month and ten days ago, at 3,307.73.
  • Corficolombiana describes the move as a "temporary truce" after several sessions of gains.
Read the full story at La FM

IASummary generated by artificial intelligence from a story by La FM. It may contain errors: the original source prevails.

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