Colombia’s Peso Rises as Oil Revenue Boosts Dollar Inflow
The Colombian peso experienced an unexpected surge in value against the U.S. Dollar last week, closing near COP 3,700, a divergence from the strengthening dollar observed in other emerging economies. The peso’s performance represents a 2.12% decline for the dollar, falling from COP 3,761 at the start of the week to COP 3,681 at its … Read more
