• TRM (USD/COP)COP 3,316.70 +0.45% +COP 14.79Colombia's official exchange rate (Financial Superintendence), valid Nov 14 to Nov 17
  • EuroCOP 3,665.63 +0.45% +COP 16.34Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
  • Mexican pesoCOP 178.38 +0.44% +COP 0.79Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote

Visión Davivienda projects the dollar will trade between $3,120 and $3,436 in November

FinanceColombiaEl DiarioAI summary
Image: El Diario

A Visión Davivienda report published on November 11 projects that the dollar in Colombia will trade in November within a range of $3,120 to $3,436, with an average near $3,263. The analysis says the international strength of the dollar, the price of Brent crude and the Banco de la República's purchase of USD 2 billion from the government on November 6 shape expectations. On Saturday, November 14, the TRM stood at $3,316.70.

In 35 seconds

  • Visión Davivienda estimates a November range of $3,120 to $3,436, with an average near $3,263.
  • The TRM on Saturday, November 14, stood at $3,316.70, $14.79 higher than the previous session.
  • The DXY index, around 102 points, and the Brent price are the key variables for the exchange rate.
Read the full story at El Diario

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

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