# Colombia's peso slips ahead of rate decision; EM stocks head for fifth week of gains | Financial Post

> The Colombian peso ticked lower ahead of a central bank rate decision that was expected to be the last hike of the cycle. Emerging market stocks were flat but on track for a fifth weekly gain, with the Adani share sell-off weighing on India.

- Date: 2023-01-27 · published 2023-01-27T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/38076-colombia-s-peso-slips-ahead-of-rate-decision-em-stocks-head-for-fifth-week-of
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

The story reflects pre-decision positioning in emerging market currencies and has little direct bearing on feed supply or demand.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/colombias-peso-slips-ahead-of-rate-decision-em-stocks-head-for-fifth-week-of-gains

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