By The Rio Times | Created at 2026-10-10 01:02:03 | Updated at 2026-10-12 07:41:07
2 days ago
Key Facts
- The Colombian peso closed at 3,194.88 per US dollar on Friday 9 October, its strongest level since 22 September, with a daily range of 3,184.50 to 3,220.
- The official rate (TRM) for Friday was 3,218.75, down 20.13 pesos from Thursday and 2.69% lower on the week.
- Currency trading reached US$1.022 billion in 1,309 transactions on the spot market.
- The COLCAP index traded near 2,531, up about 0.2%, late in the session; the official close was not yet published at our deadline.
- Prediction markets: Polymarket gives 61.5% to no change and 36.5% to a 25-basis-point rise at the Central Bank of Colombia’s October decision (US$35,280 traded, as of 8:24 pm ET, 9 October). Bets, not forecasts.
Today’s Focus
Colombia’s peso gained on Friday 9 October. The US dollar closed at 3,194.88 pesos, 23.87 pesos below the official rate, and returned to the 3,100s for the first time since 22 September, according to La República.
US Treasury yields fell towards their biggest weekly decline in three months, La República reported, which helped emerging-market currencies.
Oil, Colombia’s main export, fell. Brent lost 1.3% to US$102.91 a barrel and WTI 1.2% to US$90.40, after Trump said the US would not attack Iran before the midterms.
What matters today. A weaker dollar and cheaper imports helped the peso, even as lower oil took away one pillar of support.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
01 The session in one read
The dollar closed at 3,194.88 pesos. It ranged from 3,184.50 to 3,220 and traded US$1.022 billion in 1,309 transactions, according to La República and RCN.
The official rate, the TRM, was set at 3,218.75, down 20.13 pesos from Thursday. Since the start of 2026 it has fallen 14.33% (538.33 pesos), and over the week it fell 88.98 pesos, or 2.69%.
The COLCAP, the main stock index, was at 2,531.15, up 0.21%, in our editorial feed at 3:05 pm Bogotá time. Thursday’s official close was 2,525.90, down 0.36%, according to Valora Analitik.
Assessment — Peso strength, equity caution LOW
The peso’s move is well supported: it matches falling US yields and a softer dollar worldwide. The week’s 2.69% gain is large for a currency that was near 3,310 on 1 October.
The COLCAP reading is provisional. We do not draw a conclusion on the stock market until the official close is published.
02 The day’s numbers
| USD/COP (spot close) | 3,194.88 | -23.87 vs TRM | Strongest since 22 September |
| TRM (official rate) | 3,218.75 | -20.13 | Week -2.69% |
| COLCAP (late-session) | 2,531.15 | +0.21% | Provisional |
| Brent crude | US$102.91 | -1.3% | Lower on Iran talks |
| WTI crude | US$90.40 | -1.2% | Lower |
US$1 bought about 3,195 pesos, so 1 million pesos was worth about US$313. The RT calendar listed no Colombian data releases on 9 October, and the RT feed carries no COLCAP series.
Live Market IntelligenceColombia — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.
Rio Times · Live Market Intelligence
Colombia — Live Market Board
BVC · Bogotá
Oct 9, 2026 · 21:57
MSCI COLCAP · benchmark
2,531.15 +0.21%
Market breadth · 9 names
11% advancing
1 ▲ advancing8 declining ▼
Currencies, rates & key inputs
Sector heatmap · average move today
Financials
0.00%
BANCOLOMBIA, GRUPO AVAL, CREDICORP
Other
-0.13%
BRENT, WTI, SOUTHERN COPPER
Mining
-1.02%
BUENAVENTURA
Industrials
-1.10%
TECNOGLASS
Latin America scoreboard
IndexLastTodayStrength
IbovespaBrazil 209,066.90 +1.38%
S&P/BMV IPCMexico 65,427.71 +0.68%
S&P IPSAChile 11,044.42 +0.18%
S&P MERVALArgentina 2,828,027 -0.16%
MSCI COLCAPColombia 2,531.15 +0.21%
BVL S&P PerúPeru 59,610.00 +2.26%
Full instrument board
| COLCAP | 2,531.15 | +0.21% | — | 9.04 | 9.05 | 9.02 | 4,133 |
| USD/COP | 3,140 | +0.03% | -22.04% | 3,139 | 3,141 | 3,105 | — |
| BRENT | 88.88 | -0.03% | +34.42% | 88.91 | 90.07 | 88.12 | 29,713 |
| WTI | 83.11 | -0.11% | +31.57% | 83.20 | 84.35 | 82.40 | 166,848 |
| ECOPETROL | 16.92 | -0.53% | +98.01% | 17.01 | 17.05 | 16.79 | 737,591 |
| BANCOLOMBIA | 95.87 | -2.18% | +96.15% | 98.01 | 100.36 | 95.73 | 188,740 |
| GRUPO AVAL | 5.40 | +2.66% | +76.89% | 5.26 | 5.49 | 5.32 | 146,447 |
| TECNOGLASS | 42.30 | -1.10% | -48.04% | 42.77 | 42.73 | 42.05 | 60,908 |
| CREDICORP | 375.17 | -0.49% | +49.60% | 377.00 | 384.43 | 372.27 | 88,375 |
| BUENAVENTURA | 34.45 | -1.02% | +88.07% | 34.80 | 35.62 | 34.33 | 275,831 |
| SOUTHERN COPPER | 193.97 | -0.26% | +104.01% | 194.48 | 199.36 | 192.59 | 367,102 |
Largest moves today
GRUPO AVAL 5.40 +2.66%
BANCOLOMBIA 95.87 -2.18%
TECNOGLASS 42.30 -1.10%
BUENAVENTURA 34.45 -1.02%
ECOPETROL 16.92 -0.53%
CREDICORP 375.17 -0.49%
SOUTHERN COPPER 193.97 -0.26%
COLCAP 2,531.15 +0.21%
The session read
The MSCI COLCAP rose 0.21%, with breadth negative — 1 of 9 names higher. Financials led, while Industrials lagged.
03 Why it moved: yields, the dollar and oil
La República said the dollar weakened as US Treasury yields headed for their largest weekly fall in three months.
Lower oil usually hurts the peso because Colombia relies on crude exports. On Friday that link did not hold, which suggests global dollar weakness was the stronger force.
Local factors also matter, but we found no Friday report on flows from foreign investors or exporters.
04 The day’s movers
| Bancolombia | CIB | +0.78% | Bank |
| Ecopetrol | EC | 0.00% | State-controlled oil company |
Colombian single-stock moves for Friday were not available at our deadline. The two New York receipts above are from RT.
05 The regional scoreboard
| Ibovespa | Brazil | +1.38% |
| IPC | Mexico | +1.63% |
| IPSA | Chile | +0.20% |
| Merval | Argentina | -0.16% |
| COLCAP | Colombia | +0.21% |
| S&P 500 | United States | +0.59% |
Colombia’s COLCAP is a late-session reading, so the table understates how far the official figure may move.
06 The technical picture
The peso broke below 3,200 per dollar. The 3,184.50 intraday low is the next level to watch, and 3,220 was Friday’s high.
The COLCAP reading near 2,531 is provisional, so we set no technical levels for the index until the official close is published.
What Prediction Markets Say
Polymarket’s market on the Central Bank of Colombia’s October decision priced no change at 61.5%, a 25-basis-point rise at 36.5% and a 50-basis-point-or-larger rise at 5.0%, with US$35,280 traded (read at 8:24 pm ET on 9 October).
These prices are bets on the central bank’s next move, not forecasts.
Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.
07 What to watch
- The official close: The COLCAP’s final Friday value will confirm or correct our provisional reading.
- The 3,200 line: A peso that stays below 3,200 helps importers and lowers dollar debt costs for companies.
- Central Bank: Prediction markets give a rate rise in October more than a one-in-three chance.
- Oil: A new Iran scare would help Ecopetrol and the budget but could push the dollar up.
Background: COLCAP Slips 0.4% to 2,525 After a Fall | Colombia Market Report, Oct 8.
Background: Colombia Market Report, Oct 5.
Frequently Asked Questions
Where did the Colombian dollar close on 9 October?
At 3,194.88 pesos, 23.87 pesos below the official rate of 3,218.75, according to La República.
Why did the peso strengthen?
US Treasury yields fell and risk appetite improved after Trump’s remarks on Iran, according to La República.
What was the COLCAP on 9 October?
It traded near 2,531, up about 0.2%, late in the session. Thursday’s official close was 2,525.90.
What do prediction markets expect from the Central Bank?
Polymarket priced no change at 61.5% and a 25-basis-point rise at 36.5% for October as of 8:24 pm ET, 9 October. These are bets, not forecasts.
Market data: RT; dollar and TRM: La República, Noticias RCN; COLCAP: Valora Analitik and the Rio Times editorial feed; prediction markets: Polymarket (as of 8:24 pm ET, 9 October 2026)
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief
LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.
