Dollar ends the week lower in Colombia, near COP 3,145
The Colombian peso strengthened sharply against the dollar and interbank trading closed Friday near COP 3,145 per dollar. According to traders and bank treasuries, the lower rate was driven by foreign currency inflows from month-end corporate settlements and by foreign funds' appetite for fixed-rate TES sovereign bonds. Internationally, stable U.S. employment figures and easing commodity risk premiums kept sentiment optimistic on regional stock exchanges.
In 30 seconds
- The dollar closed the week near COP 3,145, with a sharp appreciation of the peso.
- Month-end corporate settlements and foreign purchases of fixed-rate TES drove the decline.
- Stable U.S. employment figures and lower commodity risk premiums supported regional optimism.
IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.




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