# COPUSD Archives - Colombia Focus

> The Colombian peso crossed the 3,000 per dollar level for the first time in 2017, weakening to 3,056. The move came as the US Federal Reserve raised short-term interest rates and oil prices fell.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/70798-copusd-archives-colombia-focus
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A weaker peso makes dollar-priced feed imports more expensive for Colombian buyers. The move reflects the combined pressure of Fed tightening and weaker oil prices on emerging-market currencies.

## Read by commodity

- USDCOP: bullish ▲

## Sources

- colombiafocus.com: https://colombiafocus.com/tag/copusd

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