# The dollar rises to 3.500 pesos in Colombia for the first time in history - Últimas Noticias

> 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.

- Date: 2019-11-27 · published 2019-11-27T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/56347-the-dollar-rises-to-3-500-pesos-in-colombia-for-the-first-time-in-history
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

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.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- en.ultimasnoticias.com.ve: https://en.ultimasnoticias.com.ve/world/the-dollar-rises-to-3-pesos-in-colombia-for-the-first-time-in-history/

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