US dollar exceeds $3,200 against Colombian peso

The US dollar rose against the Colombian peso on September 22, 2026, crossing the $3,200 threshold. The Representative Market Rate (TRM) was established at $3,192.53, while the currency reached intraday highs near $3,218.

Market volatility is being driven by international factors, including potential diplomatic developments in the Middle East between the United States and Iran regarding the Strait of Hormuz. These discussions have contributed to a decline in Brent crude oil prices, which fell approximately 2% to around $98 per barrel.

Investors are also monitoring the US Federal Reserve for signals regarding future interest rate cuts. Locally, the Colombian market remains sensitive to oil export revenues and the interest rate differential between the Banco de la República and the Fed.