# Dollar Opens Higher in Colombia at COP 3,245, Pressured by External Factors and Inflation

> The U.S. dollar opened the week up 13 pesos at COP 3,245, above the official representative market rate of COP 3,237. The article attributes peso pressure to a sharp fall in Brent prices, strong U.S. employment data that raised expectations of a December Federal Reserve rate hike, and anticipation of Colombia’s October inflation report.

- Date: 2026-11-09 · published 2026-11-09T18:10:46.254Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/89897-dollar-opens-higher-in-colombia-at-cop-3-245-pressured-by-external-factors-and
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A weaker peso raises import costs for feed and other agricultural inputs, while lower oil export receipts can reduce dollar inflows into Colombia and add further currency pressure.

## Read by commodity

- BRENT: bearish ▼
- USDCOP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2017-05-06 | [Crude prices fall amid high inventories and concerns over China \| The National](https://feedsoft.ai/events/11195-crude-prices-fall-amid-high-inventories-and-concerns-over-china-the-national.md) | +3.5% | +1.9% |
| BRENT | 2022-12-15 | [Oil prices slid 2% as dollar firms and central banks hike interest rates](https://feedsoft.ai/events/38152-oil-prices-slid-2-as-dollar-firms-and-central-banks-hike-interest-rates.md) | -2.2% | +1.6% |
| BRENT | 2026-09-18 | [Ringgit opens higher against US dollar as oil prices ease \| The Star](https://feedsoft.ai/events/17729-ringgit-opens-higher-against-us-dollar-as-oil-prices-ease-the-star.md) | -0.3% | +5.0% |
| BRENT | 2026-08-31 | [The dollar in Colombia starts the week soaring: the TRM rises to $3,202.79 after five days of increases \| IBTimes CO](https://feedsoft.ai/events/18168-the-dollar-in-colombia-starts-the-week-soaring-the-trm-rises-to-3-202-79-after.md) | +10.1% | +24.2% |
| BRENT | 2021-03-19 | [Oil battered in ugly week as demand concerns, dollar spur slump](https://feedsoft.ai/events/7045-oil-battered-in-ugly-week-as-demand-concerns-dollar-spur-slump.md) | -1.8% | +5.9% |

## Sources

- iarepublica.com: https://iarepublica.com/co/noticia/dolar-abre-al-alza-en-colombia-a-cop-3-245-presionado-por-factores-externos-e-inflacion-10d28809

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