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The Colombian peso traded past 3,500 per US dollar for the first time, reaching a session high of 3,524 on the Colombian exchange. The dollar has risen three sessions in a row, gaining 89 pesos over the week, after protests against President Duque's government began.
The peso's slide increases import costs for Colombian feed compounders, which can reduce their purchasing of US corn and soymeal in local currency terms, though the effect on global grain prices is minor.
en.ultimasnoticias.com.veNarkys BlancoNov 27, 2019Not 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.
