# Colombia’s peso pushes past $4,600 to USD

> The Colombian peso broke a record low, moving past 4,500 per dollar on July 11 and extending a steep decline since Gustavo Petro's June election win. Capital flight fears and rising inflation and energy costs are cited as drivers.

- Date: 2022-08-01 · published 2022-08-01T12:00:00.000Z
- Category: macro · region Colombia · magnitude medium
- Page: https://feedsoft.ai/events/40783-colombia-s-peso-pushes-past-4-600-to-usd
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A sharply weaker peso makes imported feed grains and meal more expensive for Colombian livestock and poultry producers, adding to their cost pressure.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- thecitypaperbogota.com: https://thecitypaperbogota.com/news/colombias-peso-pushes-through-4600-to-usd/

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