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The Colombian peso has strengthened against the US dollar over the past three months, becoming one of the best-performing currencies in the region since the November 2024 US elections. The dollar was trading near 4,185 pesos, its lowest since October 2024.
A firmer peso lowers the local-currency cost of imported feed ingredients for Colombian buyers. It has no clear direct effect on global commodity prices.
colombiaone.comVictor CohenJan 30, 2025Not 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.
