# Colombia peso, market rally as business-friendly candidate advances | Reuters

> The Colombian peso rallied and markets gained after a business-friendly presidential candidate advanced in the election. The article is brief and the text is largely unrelated boilerplate.

- Date: 2022-05-31 · published 2022-05-31T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/41669-colombia-peso-market-rally-as-business-friendly-candidate-advances-reuters
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Political outcomes that favor market-friendly policy can strengthen the peso, which has little direct effect on feed commodity prices for buyers.

## Sources

- reuters.com: https://www.reuters.com/world/americas/colombia-peso-market-rally-candidate-hernandezs-advance-second-round-2022-05-31/

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