# The Colombian peso weakens against the dollar for the second consecutive day - Forex News by FX Leaders

> The Colombian peso weakened for a second straight session, with the US dollar trading at about 3,921 pesos on average, up 0.12% from the prior day. Over the past year the dollar has still fallen about 15%. The central bank expects the exchange rate to average 4,081 pesos per dollar by end-2024 and inflation to ease to 5.61%.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: market · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/31963-the-colombian-peso-weakens-against-the-dollar-for-the-second-consecutive-day
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Small currency moves in Colombia have little direct effect on global feed prices, though a stronger dollar can slightly weigh on dollar-denominated commodity values.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- fxleaders.com: https://www.fxleaders.com/news/2024/02/21/the-colombian-peso-weakens-against-the-dollar-for-the-second-consecutive-day/

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