The Colombian peso fell into the weekly opening at its lowest price against the US dollar since April 24, failing in its subsequent attempt to recover.
He USD/COP reached 10 days at 4,268.65 At the beginning of Monday, but subsequently has fallen to a daily minimum of 4,240.69.
At the time of writing, the USD/COP quotes about 4,265.25, winning 0.30% in what we have been.
The Colombian peso continues to weaken after the trimming of interest rates of the Bank of the Republic of Colombia
- Last Wednesday, the Bank of the Republic of Colombia unexpectedly cut their interest rates for the first time in 2025lowering them at 25 basic points to 9.25%. Since that day, the Colombian peso has been depreciated against the US dollar.
- The focus this week will be in the Colombia inflation data for the month of April which will be published next Thursday, May 8. In March, the annual rate was 5.09% and the monthly of 0.52%.
- Prior to the data of the Colombian CPI, the USD/COP operators will be very aware of the Federal Reserve Monetary Policy Meeting of the United States on Wednesday. Although no feat cuts are expected, any surprise could cause a strong oscillation in the pair.
Economic indicator
Rate of interest
The interest rate, published by the Bank of the Republic of Colombiais the main mechanism of monetary policy intervention used by the Bank of the Republic to affect the amount of money circulating in the economy.
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Last publication:
LIÉ ABR 30, 2025 18:00
Frequency:
Irregular
Current:
9.25%
Dear:
9.5%
Previous:
9.5%
Fountain:
Bank of the Republic of Colombia
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
