In the last quarter of the year, we expect the balance of corporate results to be mostly positive. The dynamics of the exchange rate and the management of efficiencies have proven to have a positive effect on several local companies. With an optimistic year-end, we will focus on the messages from managers regarding expectations for 2025. Find out here our perspectives for the upcoming results of the main companies in the local index.

Inflation and exchange rate: Inflation surprises and resumes upward pressure: How does the TRM interpret it?
For the foreign exchange market, the surprise in the March data and the expectation of a more restrictive monetary policy for a longer period have strengthened one of the currency's main structural supports: the carry channel. This feature continues to give the Colombian peso significant appeal, particularly in an environment where the global dollar has lost some momentum, but the selection process within Latin America has become more demanding.

