What the TRM is and how a dollar at 3,235.59 pesos affects imports and exports

FinanceColombiaPulzoNov 4, 2026, 8:36 AMAI summary

The TRM is the simple arithmetic average of the weighted rates of dollar purchase and sale transactions agreed and settled on the same day by supervised entities, such as commercial banks, brokerage firms, the Financiera de Desarrollo Nacional and Bancoldex. According to the information consulted, the reference puts the dollar at 3,235.59 pesos. A rise in the rate depreciates the peso and makes imports more expensive; a fall appreciates it, lowers the cost of foreign goods and reduces exporters' competitiveness.

In 40 seconds

The TRM is calculated as the simple arithmetic average of the weighted rates of same-day dollar purchase and sale transactions.
Commercial banks, brokerage firms, the Financiera de Desarrollo Nacional and Bancoldex are included in the calculation.
The cited reference puts the dollar at 3,235.59 Colombian pesos.

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

TRM
dólar
peso colombiano
importaciones
exportaciones

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What the TRM is and how a dollar at 3,235.59 pesos affects imports and exports

In 40 seconds

Comments

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NielsenIQ: corner stores hold their ground and remain key to Colombian household consumption

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