# Colombian peso rises ahead of rates decision; Peru's sol edges up | Financial Post

> The Colombian peso rose 0.8% ahead of a central bank meeting expected to keep rates unchanged at a record low of 1.75%. Peru's sol strengthened 0.3% after presidential candidate Pedro Castillo said he would retain the central bank chief, though the sol has lost 9% since April.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/46870-colombian-peso-rises-ahead-of-rates-decision-peru-s-sol-edges-up-financial-post
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md), [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Regional currency moves and rate expectations in Colombia and Peru affect the local-currency cost of imported feed ingredients, though the moves described are small and routine.

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/colombian-peso-rises-ahead-of-rates-decision-perus-sol-edges-up

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