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Reuters reports that Colombia's central bank is expected to hold rates despite government pressure, according to a Reuters poll. Investment firm Corfi says greater global risk aversion and lower oil prices make the Colombian economy more vulnerable, with the peso depreciating and country risk premiums rising.
Weaker oil revenue and a depreciating peso pressure Colombia's import costs and feed-buying power, while higher risk premiums tighten financing conditions.
reuters.comNelson BocanegraApr 25, 2025After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
Not 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.
