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The Colombian peso strengthened 0.54% to 3,150.25 per dollar on Monday, its strongest level since September 17. Central bank board member Laura Moisa said inflation stems mainly from supply-side shocks and rates will need to stay high for longer.
Investors expect at least two more Fed hikes by March 2027.
Expectations of higher-for-longer rates in Colombia and the US are attracting carry flows into the peso, which lowers the cost of dollar-priced feed imports for Colombian buyers. A firmer peso reduces local import costs for feed ingredients, though the effect on global feed prices is small.
investing.comOct 19, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
