# Colombian dollar today rises to COP 3,240 after Banco de la República decision | XTB

> The dollar opened in Colombia at COP 3,240.34 on 3 November, up 1.23% from Friday's close and above the TRM of COP 3,182.99. The Banco de la República kept its benchmark rate at 12.25%, against analyst expectations of a 25 basis point hike.

- Date: 2026-11-03 · published 2026-11-04T00:14:41.983Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/78636-colombian-dollar-today-rises-to-cop-3-240-after-banco-de-la-republica-decision
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A surprise central bank hold keeps local rates high and sustains the peso's weakness against the dollar, which raises the cost of dollar-priced feed imports for Colombian buyers.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- xtb.com: https://www.xtb.com/lat/analisis-y-noticias/analisis-de-mercado/dolar-hoy-colombia-abre-al-alza-sobre-los-3-240-tras-decision-de-tasas-del-banco-de-la-republica

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