{
  "id": 13279240,
  "title": "Peso Hits 3,195 per Dollar, Best Since Sept 22 | Colombia Report, Oct 9",
  "url": "https://urgent.news/2026/10/10/peso-hits-3-195-per-dollar-best-since-sept-22-colombia-report-oct-9",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T00:55:44.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/colombia-markets-colcap-peso-friday-october-9-2026/"
  },
  "original_language": "en",
  "account": "Colombia's peso surged on Friday, October 9, reaching 3,194.88 pesos per US dollar, a 23.87 peso drop from the official rate of 3,218.75. This marked the first time the currency had reached the 3,100s since September 22. The drop came as US Treasury yields fell to their biggest weekly decline in three months, weakening the dollar and benefiting emerging-market currencies like the peso. Oil prices also fell, with Brent crude down 1.3% to $102.91 a barrel, and WTI crude down 1.2% to $90.40. Despite the lower oil prices, which typically hurt the peso, the weaker dollar and cheaper imports were the primary drivers of the peso's gain. The US dollar closed at 3,194.88 pesos, trading between 3,184.50 and 3,220, with a volume of $1.022 billion in 1,309 transactions. The official rate was set at 3,218.75, down 20.13 pesos from Thursday. The Colombian stock index, COLCAP, was at 2,531.15, up 0.21% in the morning session.",
  "summary": "The peso closed at 3,194.88 per US dollar, 2.69% stronger on the week, as US yields fell. The COLCAP traded near 2,531 late in the session. The post Peso Hits 3,195 per Dollar, Best Since Sept 22 | Colombia Report, Oct 9 appeared first on The Rio Times .",
  "key_points": [
    "Colombian peso hits 3,194.88 per US dollar, lowest since Sept 22",
    "US Treasury yields fell to biggest weekly decline in 3 months",
    "Oil prices dropped, benefiting emerging-market currencies"
  ],
  "editors_take": "The peso's surge to its strongest value since September 22 reflects a shift in favor of emerging-market currencies like the peso, driven by a weaker dollar amid falling US Treasury yields.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}