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Colombia's central bank held its key policy rate at 7.75 percent, with two board members voting for a 25 basis point cut. Inflation eased to 6.48 percent in October, and the peso was trading at 3,168 per dollar, down 4.0 percent since the US election.
Easing inflation and a possible future rate cut support Colombian domestic demand for animal protein, while the weaker peso raises import costs for feed ingredients.
centralbanknews.infoNov 25, 2016Not 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.
