Middle East War and the Dollar: What's Happening with the TRM in Colombia and How the Week Might End

Portafolio Journalist 05.03.2026 21:05 Updated: 05.03.2026 21:05

Middle East War and the Dollar: What's Happening with the TRM in Colombia and How the Week Might End

TL;DR

  • The Colombian Peso (TRM) saw a decrease despite rising oil prices due to Middle East tensions, indicating a layered market reaction.
  • Key factors influencing the TRM include global risk (effect of 'scare'), oil prices affecting inflation expectations (effect of 'energy'), and local Colombian factors like upcoming elections and inflation data.
  • For personal finance, it's advised to buy foreign currency in stages ('dollar-cost averaging') rather than in a single transaction to manage costs during market volatility.
  • Those receiving dollar remittances will see reduced peso income with a lower TRM, and should compare bank rates for conversion.
  • Payments in foreign currency should be budgeted with a range due to volatility, which can disrupt personal finances.
  • Market sentiment for the upcoming Friday is categorized into three scenarios: Green (calm), Yellow (moderate pressure), and Red (significant jump if supply disruptions occur).