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Colombian Peso Under Pressure at the Start of the Last Quarter of 2024

The Colombian peso has entered the final quarter of 2024 facing downward pressure, much like many other Latin American currencies, amid growing risk aversion that has affected global financial markets. This trend has been evident despite the bullish movements in oil prices, with WTI crude registering a 3.6% rise during the day, driven by increased tensions in the Middle East.

Commodities

Forex

Colombian Peso Under Pressure at the Start of the Last Quarter of 2024

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