# Colombian peso jumps 1%; Chile's peso rallies ahead of c.bank meeting

> The Colombian peso rose about 1% and Chile's peso rallied ahead of a central bank meeting. Mexico's peso gained 0.3% but was set to end August down 1.1%, and Brazil's real hit three-week highs on falling unemployment.

- Date: 2021-08-31 · published 2021-08-31T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/45770-colombian-peso-jumps-1-chile-s-peso-rallies-ahead-of-c-bank-meeting
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Stronger Latin American currencies make dollar-denominated commodity imports from the region relatively cheaper, with little direct effect on feed grain prices.

## Sources

- reuters.com: https://www.reuters.com/article/legal/government/colombian-peso-jumps-1-chile-s-peso-rallies-ahead-of-c-bank-meeting-idUSL1N2Q21BP/

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