IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,561.46 ▼ 0.41% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.19▲ 0.45% USD/MXN17.03▲ 0.26% USD/CLP930.58▲ 0.45% USD/COP3,202▲ 2.39% USD/PEN3.35▼ 0.07% USD/ARS1,512— 0.00% USD/UYU40.27▲ 1.50% USD/PYG5,900▲ 0.50% USD/BOB11.78▲ 3.59% USD/DOP58.61▲ 0.96% USD/CRC446.65▲ 0.98% USD/GTQ7.62▲ 2.25% USD/HNL26.84▲ 0.40% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.77% EUR/BRL6.01▲ 0.17% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,561.46 ▼ 0.41% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Saturday, August 29, 2026

Expats & Nomads Daily City Brief — Friday, August 28, 2026

LatAm Expat & Nomad Daily Guide for Friday, August 28, 2026

· August 28, 2026 · 07:00 BRT · 15 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

The Short Version
In short: Your LatAm expat and nomad daily guide for Friday, August 28. Kevin Warsh gives his first Jackson Hole keynote as Fed chair at 10 a.m. New York time, the Colombian peso slides for a third day to 3,144 on the official fixing, and Bolivia clears the roadblock that cut the Trinidad–Santa Cruz highway.

01

Warsh speaks at 10 a.m. New York. The Fed chair’s first Jackson Hole keynote lands at 2 p.m. London, with US inflation at 3.7 percent year on year and the committee split on whether to raise rates. Every currency in this guide trades on his tone into the weekend.

02

The Colombian peso slides again. Today’s official TRM is 3,144.28 per dollar, up from 3,118.24, after the peso fell more than 1 percent on Thursday when the central bank chief warned about currency strength. A US$1,000 transfer now buys COP 3,144,280.

03

Bolivia reopens the San Pablo bridge. Police and soldiers cleared the Beni roadblock on Thursday afternoon and traffic between Trinidad and Santa Cruz was restored by evening. Fuel queues persist, and the two-tier diesel price that sparked the protest stands.
What changed since yesterdayThe Colombian TRM rose to 3,144.28 for Friday, from 3,118.24. Argentina’s Treasury awarded ARS 12.16 trillion, about US$8.0 billion, in Thursday’s debt auction against ARS 13.18 trillion in bids. The wholesale peso paused its record run, last marked at 1,512. Brent jumped 2.1 percent to US$89.70 before easing toward US$88 overnight. And Aeroparque runs its first normal schedule today after Wednesday’s 4 p.m. reopening.

Good morning. Your LatAm expat nomad daily guide opens on the day the world’s most watched central banker steps up to the podium in Wyoming, Colombia’s currency correction enters a third day, and Bolivia’s truckers and farmers test whether a cleared bridge stays clear.

The Teton range behind Jackson Lake, site of the Federal Reserve’s annual symposium
The Tetons above Jackson Lake, Wyoming, where Fed chair Kevin Warsh delivers his first keynote at 10 a.m. New York time today. (Photo: Rio Times archive)
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.
Browse the directory →
RT
Ask Rio Times
Straight answers about living in Latin America, from our reporting.
Open the full Ask Rio Times →

00The LatAm Expat Nomad Daily Guide Status Board

Story Thursday Now Next
Jackson Hole Symposium opened Warsh keynote today, 10 a.m. New York FOMC decision 15–16 September
Colombian peso TRM 3,118.24 3,144.28, today’s fixing Oil prices and Warsh’s tone
Argentine peso Record run paused Wholesale last marked 1,512 October midterms positioning
Bolivia San Pablo bridge cleared Highway open, fuel queues persist Whether blockades reignite
Brazil Ibovespa +0.31%, seventh straight IGP-M, debt and jobs data today Q2 GDP Tuesday 1 September
Aeroparque Reopened 4 p.m. First normal day Odd delays into the weekend

01Getting Around: Bolivia’s Highway Reopens, Buenos Aires Normalises

Police and armed forces cleared the San Pablo bridge in Beni on Thursday afternoon, ending a two-day blockade by producers from Marbán province who want the two-tier diesel decree repealed. Traffic between Trinidad and Santa Cruz was restored by Thursday evening. Bolivian outlets reported at least five people hurt and a similar number detained, citing preliminary accounts; no consolidated official count has been published.

The practical picture for anyone overland in Bolivia: the main corridor is open this morning, but the grievance behind it is unresolved. Diesel for large buyers now carries a reference price of Bs18 a litre, about US$1.51, while ordinary motorists keep the frozen Bs9.80, about US$0.82. Private cars and rental vehicles pay the lower tier; the higher tier hits trucks, buses and big farm machinery, so expect pressure on intercity bus fares and freight prices rather than at your own pump. Fuel queues have persisted across several cities through August, so fill up when you can, not when you must.

Bolivia has been under a state of emergency since 20 June, which gives the military powers to clear blockades fast. That cuts both ways for travellers: reopenings come quickly, but so do fresh protests. Check locally before any long intercity run this weekend.

Buenos Aires is back to normal. Aeroparque reopened at 4 p.m. Thursday after its 55-hour runway closure, and today is the first full day of regular schedules. Airlines may still be repositioning aircraft and crews, so odd delays are possible into the weekend; if you were displaced to Ezeiza, confirm which airport your flight actually uses before setting out.

Pereira, Colombia, remains open but thin after its earthquake closure: LATAM is flying 21 services a week against five daily before the quake. Confirm with your airline before travelling.

02Cost of Living & Money

The Colombian peso is the mover for a second day. Today’s official TRM fixing is 3,144.28 per dollar, up about 0.8 percent from Thursday’s 3,118.24, the third consecutive daily weakening. Thursday’s spot session saw the peso slide more than 1 percent after the central bank chief warned publicly about currency strength — a remark that told traders the authorities are comfortable with, perhaps even welcome, a cheaper peso. The COLCAP stock index fell 0.59 percent to 2,489.80 on the news.

For a dollar earner in Colombia, the arithmetic keeps improving. A US$1,000 transfer converts to COP 3,144,280 at today’s TRM, against COP 3,056,510 at Tuesday’s fixing. A COP 3,000,000 rent now costs about US$954. Context still matters: the dollar fell about 18.5 percent against the peso this year through last week, its weakest run since 2018, so this remains a correction inside a strong-peso year.

Currency Thursday 27 August Note
Argentina (ARS) Wholesale last marked 1,503 / 1,512; official 1,485 / 1,535; blue 1,535 / 1,555; MEP about 1,542; CCL about 1,602; tarjeta about 1,996 The wholesale rate paused its five-day record run, easing 2 pesos from Wednesday’s 1,514 close. Blue, MEP and CCL are Friday-morning marks. Country risk last published at 509 basis points on Monday 24 August.
Colombia (COP) TRM 3,144.28 in force Friday Up about 0.8 percent from Thursday’s 3,118.24 fixing, a third straight rise, after the peso slid more than 1 percent in Thursday’s spot session.
Brazil (BRL) Spot close R$5.162; PTAX 5.1642 The dollar rose about 0.2 percent on Thursday. The central bank’s PTAX reference is confirmed by Banco Central do Brasil data.
Mexico (MXN) Spot about 16.98 The peso softened about 0.2 percent on Thursday, still below the 17.00 line and near its strongest levels of the past year.
Chile (CLP) Dólar observado 925.25 in force Friday; UF 40,869.82 The observado rose about 0.7 percent from Thursday’s 918.42, the peso’s weakest fixing of the past two weeks, on a firmer dollar.
Peru (PEN) SUNAT 3.340 / 3.348 The tax agency’s reference rate for Friday. The sol remains the region’s quiet currency.
Uruguay (UYU) Retail boards 39.05 / 41.45 Friday-morning retail quotes from exchange boards. The central bank this week finalised rules obliging banks to warn savers about dollar-deposit risk.

Argentina. Thursday’s big test was the Treasury’s debt auction, and the government passed it: bids totalled ARS 13.18 trillion and the Treasury awarded ARS 12.16 trillion, about US$8.0 billion at the wholesale rate, against roughly ARS 12.6 trillion in maturities. The wholesale peso paused its record run, last marked at 1,512 against Wednesday’s 1,514 close. The Merval fell 0.79 percent to 3,001,209, the region’s weakest session. At 1,512, a US$1,000 transfer buys about ARS 1,512,000 at the wholesale window, against ARS 1,555,000 on the blue.

Brazil. The real barely moved, closing at R$5.162 to the dollar with the PTAX fixing at 5.1642, while the Ibovespa rose 0.31 percent to 175,135 for a seventh straight gain. Today is Brazil’s data morning: the IGP-M wholesale price index, expected to fall about 0.25 percent in August, plus gross public debt, bank lending and producer prices, with formal jobs numbers in the afternoon. Soft numbers keep the Selic cutting cycle, now at 14.00 percent, on track for the 15–16 September Copom meeting. Corporate headline: Votorantim agreed to sell its 64.68 percent stake in zinc producer Nexa to Sweden’s Boliden in a share swap valuing Nexa’s equity at about US$2.02 billion.

Mexico. The peso softened to about 16.98 per dollar on Thursday, still close to its strongest levels of the past year. The IPC stock index fell 0.55 percent to 65,829.98. Banxico is on hold at 6.50 percent with its next decision on 24 September.

Chile. The dólar observado for Friday jumped to 925.25, up about 0.7 percent from Thursday’s 918.42, the peso’s weakest fixing of the past two weeks, tracking the firmer dollar rather than anything local. The IPSA was the region’s best performer on Thursday, up 0.89 percent to 11,471. The UF, used for rents and contracts, is 40,869.82 today.

03Visas, Residency & Tax

Where What changed What it means for you
Region-wide Nothing new in the last 24 hours. No visa, residency, fee or appointment rule changed anywhere in the region between Thursday and this morning. The rules that bound you yesterday bind you today. Quiet days are worth stating plainly when you are planning a filing.
Colombia The permanent-visa transfer deadline under Resolución 9316 of 2024 stands at 31 October 2026. The salvoconducto requirement has been dropped. Nine weeks left. Without the transfer, Migración Colombia will not issue your cédula de extranjería. Do not leave it to October.
Panama Standing deadline, under seven weeks out: the US$300,000 real-estate route to day-one permanent residence runs until 15 October 2026, after which the threshold rises to US$500,000. The window is closing, and the difference is US$200,000.
Argentina Decree 681/2026, in force since 31 July, remains the live change: hate speech, incitement to violence and offences against national symbols are now grounds to refuse entry or cancel residency. It is being applied at the border. If you hold Argentine residency, it remains the rule most likely to affect you.
Mexico Nothing legal — yet. Senator Ricardo Monreal opened a debate on banning dual-national candidates, arguing some border-state officials “govern in Mexico but sleep in the US.” No bill has been filed. Dual nationality itself is not under discussion, only candidates’ eligibility. If you naturalised in Mexico, your citizenship is untouched; watch the debate, don’t act on it.

04The Week’s News in Brief

Brazil. President Lula used a TV Globo interview on Thursday to declare he is not worried about the public debt, arguing growth is the main path to better public accounts. He defended Senator Jaques Wagner over the Banco Master case while calling ex-aide Marcola’s conduct totally wrong. Today’s gross-debt release lands awkwardly on that message.

Mexico. Goods exports hit a record US$81.4 billion in July, proof that factories are humming and US demand is strong. The same week, an incursion by the Los Tlacos gang in Guerrero left six dead — the two Mexicos in one news cycle.

Argentina. The lower house cleared the Central Bank charter reform 144 votes to 102, sending it to the Senate — a sign Milei’s coalition can still move big bills. Less cheerful: Argentina was left out of an expanded US beef quota while Brazil gained, and the country’s FATF representative resigned after four months in the role.

Colombia. Public entities now owe a record COP 1.5 trillion, about US$477 million, to power distributors and retailers — 34 percent of the sector’s total receivables, according to industry association Asocodis. The Procuraduría has ordered mayors, governors and ministries to pay up. We look at what that means for your lights in today’s second standalone, linked below.

Venezuela. Oil exports to the United States hit a seven-year high, making Venezuela the second-largest crude supplier to the US for 18 straight weeks — even as a new round of power rationing dims daily life at home.

05Weather & Safety

It is a split Friday. São Paulo is the pick: dry and warm at 31°C before a showery Saturday and a properly wet Sunday; remember Friday’s rodízio restricts plates ending 9 and 0 from 7–10 a.m. and 5–8 p.m. Rio de Janeiro is warm and humid with showers likely after 2 p.m.; the weekend turns cooler at 24–25°C with persistent drizzle. Buenos Aires reaches 17°C and stays mostly dry for Aeroparque’s first normal day. Mexico City tops out at 24°C with rain near-certain, Bogotá is wet at 22°C, Santiago cool and wet at 16°C, and Lima dry at 23°C. La Paz swings from 2°C dawn to 21°C afternoon; Cusco reaches 23°C with a chance of showers.

On advisories, the United States keeps Colombia at Level 3, Reconsider Travel, on an advisory dated 31 March 2026; the Level 4 Do Not Travel list still covers Arauca, Cauca outside Popayán, Valle del Cauca outside Cali, Norte de Santander and the ten-kilometre strip along the Venezuelan border. Bolivia remains under the state of emergency declared on 20 June, which lets the military clear road blockades quickly — as Thursday’s San Pablo operation showed.

06What’s On — 28 to 31 August

What When Where Cost
Rosalía, LUX Tour — final two Mexico City shows Today and Saturday Palacio de los Deportes, Mexico City Ticketed; tiers reported from about MXN 1,227 to MXN 6,600, roughly US$72 to US$389
Sven Väth, techno long set Tonight Curitiba Ticketed
Rio Scenarium — three-floor samba and jazz night Tonight from 7 p.m. Rua do Lavradio, Lapa, Rio de Janeiro Entry about R$40–50, roughly US$8–10
Festival Orígenes — ancestral and indigenous music To Saturday 29 August Four venues, Bogotá Free, no booking, first come until capacity
22nd Fiesta de las Artes Escénicas To Saturday 29 August 23 theatres, Medellín Varies
Free staged Magic Flute Today to Sunday Teatro Argentino, La Plata Free, booking required
Tango BA Festival y Mundial — closing weekend Closing events Sunday 30 August; festival runs to 2 September Teatro Colón and venues across Buenos Aires Free, but presential events must be reserved 72 hours ahead
37th Curta Kinoforum short-film festival To Sunday 30 August Seven cinemas, São Paulo Free; tickets handed out an hour before each session
MAC USP — modern art museum, free day Today, 10 a.m. to 9 p.m. Ibirapuera, São Paulo Free, no reservation
Feria Internacional del Libro To Sunday 30 August Atlapa Convention Center, Panama City B/.3.00, about US$3
Roberta Campos, free folk show Saturday 29 August Campinas Free
Cabo Frio Gastronomic Festival — 63 establishments Running now Cabo Frio, Rio de Janeiro state Varies by venue
Cúcuta Book Fair From Monday 31 August Cúcuta, Colombia Check locally

07What to Watch — 28 August to 2 September

When What Where Why it matters
Today, 10 a.m. New York Kevin Warsh keynote United States His first as Fed chair, after July’s PCE inflation ran hot at 3.7 percent. The single biggest external variable for every currency in this guide.
Today IGP-M inflation, gross debt, bank lending, producer prices, formal jobs Brazil A soft IGP-M, expected around minus 0.25 percent, keeps the Selic cutting cycle alive into the 15–16 September Copom.
Today Payrolls benchmark revision, consumer sentiment and inflation expectations United States The data undercard to Warsh’s speech; a big payroll revision reframes the September rate debate.
Weekend Bolivia’s highways Bolivia The San Pablo bridge is open, but the diesel decree behind the blockade stands. Fresh blockades can appear with little notice.
Sunday 30 Santa Rosa de Lima Peru National holiday. It falls on a Sunday, so no long weekend.
Tuesday 1 September Second-quarter GDP Brazil The last big data point before the Copom meeting on 15–16 September.

Frequently Asked Questions

What time does Kevin Warsh speak at Jackson Hole today?

The Fed chair delivers his first Jackson Hole keynote at 10 a.m. New York time on Friday 28 August, which is 2 p.m. in London. The symposium’s theme this year is financial innovation, but markets care about one thing: whether Warsh signals tolerance or impatience with inflation running at 3.7 percent. The next rate decision is 15–16 September.

What is Colombia’s official exchange rate today?

The TRM in force for Friday 28 August is 3,144.28 pesos to the dollar, up about 0.8 percent from Thursday’s 3,118.24 fixing. The peso fell more than 1 percent in Thursday’s spot session after the central bank chief warned about currency strength. A US$1,000 transfer converts to COP 3,144,280 at today’s fixing.

Is overland travel in Bolivia safe this weekend?

The San Pablo bridge blockade in Beni was cleared on Thursday afternoon and the Trinidad–Santa Cruz highway reopened by evening. The grievance behind the protest, a two-tier diesel price, is unresolved, so fresh blockades are possible with little notice. Bolivia has been under a state of emergency since 20 June, which lets the military reopen roads quickly. Fill up when you can — fuel queues have persisted across several cities — and check locally before long intercity trips.

Sources: DolarAPI (Banco Nación, wholesale, blue, MEP, CCL and tarjeta rates, 27–28 August); Argentina Datos (country risk, 24 August); Ministerio de Hacienda, Argentina (debt auction result, 28 August); Superfinanciera de Colombia via datos.gov.co (TRM); Banco Central do Brasil (PTAX); Banco Central de Chile via mindicador.cl (dólar observado, UF); SUNAT; uy.dolarapi.com (Uruguay retail boards); Banco Central de Bolivia; Asocodis and El Colombiano (power-sector arrears); Infobae, Erbol, Opinión and El Deber (Bolivia); Aeropuertos Argentina; Aeronáutica Civil de Colombia; LATAM; Kansas City Fed and Federal Reserve calendar (Jackson Hole); Open-Meteo; Climatempo; US Department of State.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.