• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Wholesale dollar falls for a second session to 1,535 pesos, with focus on Brazil and the BCRA

FinanceInternationalAmbito40 s readAI summary
Image: Ambito

The wholesale dollar drops 3 pesos to open at 1,535, its second consecutive decline after seven rising sessions and after hitting a new nominal high on Monday. The retail rate opens at 1,560 at Banco Nación and the blue dollar trades at 1,575. The market is watching the effect of Lula's reelection in Brazil on the real and the BCRA's decision to slow the pace of reserve purchases, with no net purchases on Tuesday. Gross reserves closed at $50.580 billion.

In 40 seconds

  • The wholesale dollar falls 3 pesos to 1,535, a second consecutive decline after seven rising sessions.
  • The retail rate opens at 1,560 at Banco Nación and the blue dollar trades at 1,575.
  • The BCRA made no net purchases on Tuesday and slowed the pace of reserve purchases.
Read the full story at Ambito

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

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading