The U.S. dollar closed on September 3, 2026, at an average of $3,141.37 in Colombia, showing an increase of $0.82 compared to the Representative Market Rate (TRM) of $3,140.55. During the day, more than USD1.743 billion was traded across 2,791 transactions, with an opening price of $3,150.00, a low of $3,130.00, and a high of $3,159.80.
In the past week, the dollar recorded a decrease of -0.71%, and on a year-over-year basis, its value fell by -18.71%. The trend of the exchange rate has shown continuous depreciation in recent days. The current volatility is at 14.56%, higher than the benchmark volatility of 13.58%, indicating an increase in market instability.
This movement occurs in the context of comments from Federal Reserve (FED) Governor Christopher Waller, who expressed a willingness to keep rates between 3.50% and 3.75% if inflationary pressures continue to moderate. However, he warned of the possibility of an increase if a rise in inflation is observed. These comments affected the expectations of a rate increase at the meeting on September 15 and 16, reducing the implied probabilities of a 25 basis point hike from ~70% to nearly 50%.
In Colombia, the visit of U.S. Secretary of State Marco Rubio has been confirmed for next week. Additionally, it was announced that July exports were USD 4.690 billion, undervaluing the estimate of USD 4.750 billion. This could exert downward pressure on the dollar, according to experts who suggest that the 2027 General Budget of the Nation (PGN) could influence the exchange rate if resources related to external debt are monetized.
In the foreign exchange market, the dollar was bought and sold mainly between $3,200 and $3,500. The average purchase price on September 3 was $3,245.71, while the sale price was $3,350.00. Across various exchange houses, price variations were reported, highlighting Money Max with a purchase price of $3,110 and a sale price of $3,210.
Source: www.infobae.com
