# Colombian peso dollar price: new rise and it gets expensive amid Banco de la República purchases and the government's tax reform - Infobae

> The US dollar closed in Colombia on 3 November at an average of COP 3,237.14, up COP 54.15 from the official TRM of COP 3,182.99. Trading ranged from COP 3,216.50 to COP 3,255.00 with over USD 1,054 million exchanged, as the US midterm elections and renewed Middle East tensions weighed on regional currencies.

- Date: 2026-11-03 · published 2026-11-04T00:14:41.488Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/78635-colombian-peso-dollar-price-new-rise-and-it-gets-expensive-amid-banco-de-la
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker peso raises the local cost of imported feed ingredients such as soymeal and corn priced in dollars, while Brent's fall to about $117.70 partly offset the move. Colombian feed buyers face higher landed costs.

## Read by commodity

- DXY: bullish ▲
- USDCOP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-16 | [Currencies: Colombian Peso Ends the Week Devalued Amid Expectations of New Reforms - Stocks and Securities \| Investments and Western Union Colombia](https://feedsoft.ai/events/37629-currencies-colombian-peso-ends-the-week-devalued-amid-expectations-of-new.md) | +0.5% | +1.1% |
| DXY | 2024-03-24 | [EM currencies face pressure as Dollar strengthens; Colombian Peso gains  \| Republic World](https://feedsoft.ai/events/31472-em-currencies-face-pressure-as-dollar-strengthens-colombian-peso-gains-republic.md) | -0.1% | +1.6% |
| DXY | 2025-01-03 | [Interest rates, exporters and Reserve Bank intervention: There's a lot at stake as the Australian dollar weakens - ABC News](https://feedsoft.ai/events/26751-interest-rates-exporters-and-reserve-bank-intervention-there-s-a-lot-at-stake.md) | -0.1% | -0.8% |
| DXY | 2023-02-16 | [EM currencies muted as dollar rises, Colombia's peso falls again](https://feedsoft.ai/events/37627-em-currencies-muted-as-dollar-rises-colombia-s-peso-falls-again.md) | +0.5% | +1.1% |
| DXY | 2026-05-13 | [Peruvian sol resisted global U.S. dollar strength amid copper price surge \| News \| ANDINA - Peru News Agency](https://feedsoft.ai/events/19544-peruvian-sol-resisted-global-u-s-dollar-strength-amid-copper-price-surge-news.md) | +0.8% | +1.2% |

## Sources

- infobae.com: https://www.infobae.com/colombia/2026/11/03/precio-del-dolar-en-colombia-hay-una-nueva-subida-y-se-pone-caro-en-medio-de-compras-del-banco-de-la-republica-y-la-reforma-tributaria-del-gobierno/

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