# Emerging Markets-Colombian peso heads for worst week in three years on fiscal fears - ILF News | Rallies

> The Colombian peso was heading for its worst week in three years on fiscal concerns, falling 1.5% on the day to 3,198.78 per dollar. Latin American equities and currencies weakened as the dollar rose after Fed Chair Warsh's Jackson Hole remarks on fighting inflation.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/18166-emerging-markets-colombian-peso-heads-for-worst-week-in-three-years-on-fiscal
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker peso and Brazilian real raise the local cost of imported feed ingredients for Latin American buyers, while a firmer dollar tends to pressure dollar-denominated grain and meal prices.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲
- USDCOP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2019-11-26 | [EMERGING MARKETS-Brazilian c.bank intervenes as real slumps; Colombian peso drops on tax reform](https://feedsoft.ai/events/56346-emerging-markets-brazilian-c-bank-intervenes-as-real-slumps-colombian-peso.md) | -0.5% | -3.1% |
| USDBRL | 2026-08-28 | [Emerging Markets-Latam markets slip as Warsh remarks lift Fed hike bets - ILF News \| Rallies](https://feedsoft.ai/events/18165-emerging-markets-latam-markets-slip-as-warsh-remarks-lift-fed-hike-bets-ilf.md) | -1.2% | +0.4% |
| USDBRL | 2023-04-25 | [EMERGING MARKETS-Mexico's peso falls on growth worries, stronger dollar](https://feedsoft.ai/events/36610-emerging-markets-mexico-s-peso-falls-on-growth-worries-stronger-dollar.md) | -1.3% | -1.8% |
| USDBRL | 2023-04-18 | [EMERGING MARKETS-Chilean peso, Peru's sol up on China data cheer \| Kitco News](https://feedsoft.ai/events/36694-emerging-markets-chilean-peso-peru-and-apos-s-sol-up-on-china-data-cheer-kitco.md) | +2.2% | -0.8% |
| USDBRL | 2020-03-19 | [Why the U.S. dollar’s relentless rally is causing pain for emerging markets - MarketWatch](https://feedsoft.ai/events/7018-why-the-u-s-dollar-s-relentless-rally-is-causing-pain-for-emerging-markets.md) | -1.1% | +2.8% |
| DXY | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.9% | -1.1% |
| DXY | 2022-07-11 | [EMERGING MARKETS-Colombian and Chilean pesos hit all-time-lows on commodity falls, recession fears](https://feedsoft.ai/events/40784-emerging-markets-colombian-and-chilean-pesos-hit-all-time-lows-on-commodity.md) | +0.8% | -0.1% |
| DXY | 2026-08-28 | [Emerging Markets-Latam markets slip as Warsh remarks lift Fed hike bets - ILF News \| Rallies](https://feedsoft.ai/events/18165-emerging-markets-latam-markets-slip-as-warsh-remarks-lift-fed-hike-bets-ilf.md) | -0.2% | +1.7% |

## Sources

- rallies.ai: https://rallies.ai/news/emerging-markets-colombian-peso-heads-for-worst-week-in-three-years-on-fiscal-fears-ff32bfab07d102b2

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.