# Colombia adds $2bn to reserves as USD/COP reference rises 0.30%

> 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.

- Date: 2026-11-07 · published 2026-11-08T00:11:45.625Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/86664-colombia-adds-2bn-to-reserves-as-usd-cop-reference-rises-0-30
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

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.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- fxnews.ai: https://fxnews.ai/news/colombia-usd-cop-reserves-2bn-treasury-purchase/

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