economy
May 6, 2026
The dollar is trading below $3,700 with a downward trend in Colombia this Wednesday
US dollar and Colombian peso Photo: iStock
TL;DR
- The Colombian peso opened trading on Wednesday, May 6, 2026, at $3,685, down from Tuesday's TRM of $3,723.
- The decrease in the dollar's value is linked to optimism about a potential peace agreement between Iran and the U.S. to end the Middle East war.
- Global markets are reacting positively, with stock futures rising and oil prices falling.
- In Colombia, there is uncertainty surrounding the upcoming release of the Central Bank's minutes from its April monetary policy meeting.
- The Colombian peso has been one of the most revalued currencies against the dollar this year, showing a significant increase over both short and long-term perspectives.