# Colombia's peso struggles with Wall Street turmoil and oil slump | The City Paper Bogotá

> The Colombian peso dropped more than 4.3% early on April 7 as the dollar surged to about 4,363 pesos amid a Wall Street sell-off. Crude oil fell sharply, with WTI below $59 at one point and Brent also falling, as fears of a global recession from US tariffs grew.

- Date: 2025-04-08 · published 2025-04-08T12:00:00.000Z
- Category: market · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/25409-colombia-s-peso-struggles-with-wall-street-turmoil-and-oil-slump-the-city-paper
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Oil-driven currency weakness raises Colombia's import costs for feed ingredients, while the broader crude slump signals weaker energy demand and lower prices across commodity-linked markets.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDCOP: bullish ▲

## Sources

- thecitypaperbogota.com: https://thecitypaperbogota.com/business/colombias-peso-struggles-with-wall-street-turmoil-and-oil-slump/

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