# Here’s why emerging-market investors are swooning over Colombia’s peso

> The Colombian peso has risen about 4% against the US dollar this year, trading at 2,862.45 per dollar on June 14. Emerging-market investors are forecasting it will be a top performer in 2018, citing carry trade appeal, higher oil prices and the political backdrop.

- Date: 2018-06-06 · published 2018-06-06T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/64798-here-s-why-emerging-market-investors-are-swooning-over-colombia-s-peso
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A firmer peso reduces the local cost of Colombian feed imports and tends to support demand for oil-linked and imported feed inputs, though the effect on grain prices is limited.

## Read by commodity

- USDCOP: bearish ▼

## Sources

- marketwatch.com: https://www.marketwatch.com/story/heres-why-emerging-market-investors-are-swooning-over-colombias-peso-2018-06-06?mod=mw_share_twitter

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