Dollar trades at an average of $3,162.50 as the peso consolidates exchange-rate stability
The U.S. currency kept a calm, low-volatility behavior on Wednesday in Colombia's currency market, with a weighted average of $3,162.50 pesos and an orderly quote against the official representative rate. Traders attributed the peso's behavior to foreign-currency inflows from foreign sales of specialty coffee and flowers, and to institutional investors' interest in medium-term local-currency sovereign debt. Abroad, expectations that central banks will keep predictable monetary policies pushed away fears of capital flight in South America.
In 35 seconds
- The dollar traded at a weighted average of $3,162.50 in Colombian money desks.
- Traders attribute the peso's calm to foreign currency from specialty coffee and flower exports.
- Institutional interest in medium-term local-currency sovereign debt also plays a role.
IASummary generated by artificial intelligence from a story by Diario del Sur. It may contain errors: the original source prevails.




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