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The Colombian peso slipped 0.3% against the dollar ahead of Sunday's presidential election, where leftist Gustavo Petro was expected to win. Latin American currencies were on track for a second straight week of gains, and the peso was up 1% on the week.
Political risk in Colombia is weighing on the peso despite firmer oil prices, a currency move with minimal direct impact on feed grain or meal prices.
finance.yahoo.comBansari Mayur Kamdar, Anisha SircarMay 27, 2022Not 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.
