The Colombian peso is at a seven-year high against the dollar. The official rate is 3,048.12, and for anyone earning abroad that is a quiet pay cut.
Colombia · MONEY
Key Facts
—Today’s rate: The official TRM is 3,048.12 pesos to the dollar, in force from Saturday 22 to Monday 24 August.
—The move: Down 80.53 pesos, or 2.57 percent, on the week.
—How far back: The strongest official rate since 9 October 2018, almost seven years.
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