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Banco de la República bought $2 billion in dollars directly from Colombia’s Treasury on November 6 to add to international reserves. The transaction used the prevailing exchange rate and was not a $2 billion purchase in the private spot market; the next day’s reference rate was 0.30% higher.
The reserve purchase changes public-sector dollar holdings but does not represent direct spot-market demand for dollars, so its immediate currency-price impact may be limited. The reported rise in USD/COP indicates a slight weakening of the peso against the dollar.
fxnews.aiFXNews News DeskNov 7, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
