# Dollar Price in Colombia Today, 2 November: Colombian Peso Appreciates on Banco de la República's Restrictive Stance

> The USD/COP pair fell from a daily high near 3,218 to about 3,210 as the Banco de la República kept its policy rate at 12.25%. Three of seven board members had voted for a 25 basis point hike. Colombian markets were closed for a holiday, and traders were watching the US midterm elections.

- Date: 2026-11-02 · published 2026-11-02T21:13:22.430Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/75956-dollar-price-in-colombia-today-2-november-colombian-peso-appreciates-on-banco
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A hawkish central bank supports the peso, which lowers the local cost of dollar-priced feed and soymeal imports. Currency moves of this size have little direct effect on global grain prices.

## Sources

- fxstreet.es: https://www.fxstreet.es/news/precio-del-dolar-en-colombia-hoy-2-de-noviembre-el-peso-colombiano-se-aprecia-ante-la-postura-restrictiva-del-banco-de-la-republica-202611021523

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.