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The Colombian peso jumped 2.17% to 3,855 per dollar on Thursday, its best day since June 2020, helped by higher oil prices and government plans to sign road contracts worth 21.3 trillion pesos. The Bank of Mexico raised its key rate by 25 basis points to 4.5%, and the Mexican peso dipped 0.1%.
Currency moves in major Latin American feed-importing and exporting economies shift the local-currency cost of imported feed ingredients and can modestly affect regional meat production and demand for feed.
financialpost.comReutersAug 12, 2021Not enough comparable past events yet for a historical read.
Not 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.
