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Colombia's peso fell 0.9% early Wednesday after Petro asked his ministers to resign, saying his congressional majority had fractured. Argentina's peso steadied slightly after sharp losses on the black market.
Political fragmentation in Colombia raises the risk of a more radical government and a weaker peso, which increases the cost of dollar-priced feed. Analysts noted the impact could ease if Ocampo stayed on.
financialpost.comReutersApr 26, 2023Not 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.
