# US Elections Push Colombian Dollar Price Near COP$3,250

> The US dollar traded near COP$3,240 in Colombia at 8:44 a.m. on November 3, with a session high of COP$3,245. The move came ahead of US midterm elections and after the Banco de la República kept its rate at 12.25% in a 4-3 vote.

- Date: 2026-11-03 · published 2026-11-03T15:12:53.521Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/77911-us-elections-push-colombian-dollar-price-near-cop-3-250
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A stronger dollar against the peso raises the local-currency cost of dollar-priced feed imports such as soybean meal and corn. Colombian buyers should expect higher landed costs while the currency stays weak.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- bloomberglinea.com: https://www.bloomberglinea.com/latinoamerica/colombia/elecciones-en-estados-unidos-impulsan-precio-del-dolar-en-colombia-a-cerca-de-cop3250/

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