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Colombian markets rallied after President Gustavo Petro's coalition lost in local elections. The peso gained 1.19% to 4,060 per dollar, its strongest level in five weeks, and the Colcap index rose 0.5%.
A stronger peso lowers the local cost of dollar-priced feed imports. Political stability could support Colombian import demand.
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.
