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The U.S. dollar opened the week up 13 pesos at COP 3,245, above the official representative market rate of COP 3,237. The article attributes peso pressure to a sharp fall in Brent prices, strong U.S. employment data that raised expectations of a December Federal Reserve rate hike, and anticipation of Colombia’s October inflation report.
A weaker peso raises import costs for feed and other agricultural inputs, while lower oil export receipts can reduce dollar inflows into Colombia and add further currency pressure.
iarepublica.comNov 9, 2026Not enough comparable past events yet for a historical read.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
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.
