# Colombia Exchange Rate September 2018 - FocusEconomics

> The Colombian peso closed at 3,086 per USD on 6 September, weakening 6.4% over the same day in August and falling 3.4% year to date. The drop came amid a broader emerging-market selloff. Argentina's currency crisis, turmoil in the Turkish lira, the U.S.-China trade war, the Federal Reserve's tightening and lower oil prices all contributed.

- Date: 2018-09-07 · published 2018-09-07T12:00:00.000Z
- Category: macro · region Colombia · magnitude medium
- Page: https://feedsoft.ai/events/63318-colombia-exchange-rate-september-2018-focuseconomics
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A weaker peso raises the local cost of imported feed ingredients and pushes up the USD-denominated price of anything Colombia buys, while Colombia's oil export earnings are reduced by falling crude.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- focus-economics.com: https://www.focus-economics.com/countries/colombia/news/exchange-rate/peso-plunges-amid-wider-emerging-markets-selloff/

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