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The cheap dollar hits the households that live on remittances
CO🏛️ PoliticsCenteryesterday

The cheap dollar hits the households that live on remittances

The article discusses how the recent depreciation of the Colombian peso is negatively affecting households that rely on remittances, despite record levels of these transfers. While remittances reached historic highs in 2025—up 11% compared to 2024 and representing 3% of Colombia’s GDP—the stronger peso reduces the purchasing power of families receiving these funds. This has led to reduced consumption capacity, forced budget cuts, and increased financial strain on households. The Center for Economic Analysis (Anif) warns that this trend could reduce regional economic activity, particularly in areas like Valle del Cauca, Cundinamarca, and Antioquia, which receive the most remittances. Despite the positive growth in remittances due to higher migration rates and better employment opportunities abroad, the impact of currency fluctuations remains a significant challenge.

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6 reports

Semana logoSemanaIndependentCenterFactual 75Objective 80yesterday
Dollar at the exchange this July 31: this is how the currency ends the month

The article discusses the exchange rate of the US dollar in Colombian currency exchange houses on July 31, highlighting fluctuations in the value of the dollar over recent days. The dollar has experienced a significant decline, impacting markets and drawing attention from investors and savers. Currency exchange houses provide an accessible way to acquire different currencies without complex procedures. On July 31, the average purchase price was $3,135.24 and the selling price was $3,289.29, calculated through statistical sampling in major cities. The article provides specific exchange rates for several cities like Bogotá, Cali, and Medellín, along with historical data showing changes in the exchange rate over the past week. Analysts are closely monitoring the evolution of the dollar and its effects on imports, savings, and investment.

Bias read (Center): The article presents factual information about the exchange rate and does not exhibit clear ideological framing or biased language. It focuses on providing data and context rather than taking a stance on economic policies or political figures.

Why factuality (75): The article provides daily exchange rates for the dollar in various cities, based on statistical sampling. It discusses factors affecting the dollar’s value but does not provide a primary source. The information aligns with the cross-source consensus showing a downward trend in the dollar’s value ov

Why objectivity (80): The tone remains neutral, focusing on market dynamics and consumer impact. There is no overt bias or emotional language, though some sections mention investment strategies which may slightly lean towards financial advice.

Semana logoSemanaIndependentCenterFactual 75Objective 803 days ago
Dollar in exchange houses: this is how it moves on July 29 in Colombia

The article discusses the current exchange rate of the US dollar in Colombian currency exchange offices on July 29th, providing average buying and selling prices across several cities including Bogotá, Cali, Cartagena, Cúcuta, Medellín, and Pereira. It highlights the daily fluctuations and spreads between purchase and sale rates, noting variations among different exchange offices such as Amerikan Cash, Cambios Kapital, Latin Cambios, and Punto Doll. The piece also mentions broader economic contexts, including the importance of the US dollar as a global reserve currency and the impact of economic uncertainty on investment decisions. Additionally, it references other financial issues like cyberattacks affecting Colombian companies and estimates of annual payments in bribes according to the World Bank.

Bias read (Center): The article presents factual information about the exchange rate of the US dollar in Colombia without overtly favoring any particular political stance. It provides data-driven insights into market trends and includes references to economic factors without taking a clear ideological position. The use

Why factuality (75): The article gives exchange rates for July 27th, noting a decline compared to the TRM. It aligns with the broader trend of the dollar weakening, though it also mentions unrelated topics like cyberattacks, which may reduce factual consistency.

Why objectivity (80): The article remains largely neutral, reporting on the dollar’s performance while touching on other issues without clearly endorsing or criticizing any position.

Semana logoSemanaIndependentCenterFactual 75Objective 808 days ago
The cheap dollar hits the households that live on remittances

The article discusses how the recent depreciation of the Colombian peso is negatively affecting households that rely on remittances, despite record levels of these transfers. While remittances reached historic highs in 2025—up 11% compared to 2024 and representing 3% of Colombia’s GDP—the stronger peso reduces the purchasing power of families receiving these funds. This has led to reduced consumption capacity, forced budget cuts, and increased financial strain on households. The Center for Economic Analysis (Anif) warns that this trend could reduce regional economic activity, particularly in areas like Valle del Cauca, Cundinamarca, and Antioquia, which receive the most remittances. Despite the positive growth in remittances due to higher migration rates and better employment opportunities abroad, the impact of currency fluctuations remains a significant challenge.

Bias read (Center): The article presents a balanced view by citing both the positive economic effects of remittances and the negative impacts of currency fluctuations. It references official data from the Banco de la República and the Center for Economic Analysis (Anif), without overtly favoring any political stance. S

Why factuality (75): The article reports on the impact of the dollar's depreciation on households receiving remittances in Colombia, citing data from the Banco de la República and Anif. It accurately reflects the trend of increasing remittances and the effect of currency exchange rates on purchasing power. However, it l

Why objectivity (80): The article presents information in a neutral tone, discussing both the positive economic effects of remittances and the negative consequences of the weakened peso. It avoids taking sides and provides explanations based on expert analysis.

Semana logoSemanaIndependentCenterFactual 75Objective 808 days ago
Dollar closes lower on the afternoon of Thursday, July 23, 2026

The US dollar closed lower on Thursday, July 23, 2026, benefiting Colombian consumers who purchase imported goods or trade in this currency. Throughout the day, the dollar remained volatile, closing at $3,197, down $9 from the market reference rate (TRM) set by the Superfinanciera for the day, which was $3,206. The dollar opened at $3,224 and reached a high of $3,240 during the session before dropping to a low of $3,187 at close. The average exchange rate for the day was $3,219. Globally, the dollar index, which compares the US currency to a basket of six other currencies, fell by 0.06% to 100.942 units. In international economic news, the United States expects progress before year-end on negotiations regarding the free trade agreement with Mexico and Canada, focusing on rules of origin and environmental and labor standards.

Bias read (Center): The article provides factual information about the exchange rate fluctuations and includes a brief mention of international economic discussions related to trade agreements. There is no clear ideological framing or biased language; the content remains neutral and descriptive.

Why factuality (75): The article presents exchange rates for July 21st, including city-specific prices and spreads. It aligns with the cross-source consensus on the dollar’s downward trend. No primary source is cited, but the data is consistent with other reports.

Why objectivity (80): The writing is factual and neutral, explaining the role of the dollar in the economy without introducing subjective commentary or bias.

Semana logoSemanaIndependentCenterFactual 70Objective 853 days ago
Euro: currency price falls again on Tuesday afternoon

The article discusses the value of the euro in Colombia, noting that it has fallen again on July 28, 2026. The euro is important for Colombia’s economy due to its role in international trade and finance, particularly with the European Union, which is a major trading partner. The article provides exchange rates for the euro in Colombian currency, stating that it trades around 3,630 pesos, with buying prices at approximately 3,600 pesos and selling prices at around 3,800 pesos. It highlights the benefits of holding euros, including relative stability, diversification of assets, easier access to European financial opportunities, and simplified international transactions.

Bias read (Center): The article presents factual information about the euro's exchange rate and its economic significance for Colombia without taking a clear ideological stance. It focuses on market trends and practical considerations for investors, avoiding overtly political commentary or biased language.

Why factuality (70): This article focuses on the euro, providing exchange rates and discussing its economic importance. It references the dollar briefly but doesn’t offer a primary source. The content is consistent with other articles regarding currency trends, though it shifts focus to the euro.

Why objectivity (85): The tone remains neutral, discussing the euro’s role in trade and investment without expressing preference for any particular currency or political stance.

Semana logoSemanaIndependentCenterFactual 70Objective 859 days ago
Dollar plunges in Colombia and approaches new lows: official price for July 22

The value of the US dollar fell in Colombia on July 22, closing at $3,207 in the stock exchange, down from the previous day's representative market rate (TRM) of $3,238. The dollar experienced significant volatility throughout the day, reaching a high of $3,226 and a low of $3,201. This decline benefits Colombian consumers who purchase imported goods or those traded in dollars. Meanwhile, Brazil announced it would avoid retaliating against new 25% tariffs imposed by the United States on Brazilian products, despite initial opposition from President Luiz Inácio Lula da Silva. Brazil’s Vice President Geraldo Alckmin emphasized the country’s commitment to negotiation rather than retaliation.

Bias read (Center): The article provides factual economic data regarding the fluctuation of the US dollar in Colombia and mentions Brazil's response to US tariffs. It does not exhibit clear ideological bias, presenting information objectively without overtly favoring any political stance or agenda.

Why factuality (70): The article reports specific exchange rates and fluctuations for July 22nd, comparing them to the TRM. While it lacks a primary source, the data aligns with other articles indicating a downward movement in the dollar. However, the text cuts off mid-sentence, reducing reliability.

Why objectivity (85): The article maintains an objective tone, presenting facts about the dollar’s performance without taking sides. It includes quotes from international events but does not express personal opinion.

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