Colombia: Trade deficit and a weakening peso amid domestic and global challenges - London Business News | Londonlovesbusiness.com
Briefly

The Colombian peso faces mounting pressure against the dollar due to an unfavorable trade balance, with imports rising and exports falling, indicating economic vulnerability.
Domestically, Colombia's trade balance deficit worsens as imports grow by 4.4% while exports drop by 1%, creating an imbalance that undermines the peso.
External pressures from U.S. economic policy shifts, anticipated inflation, and Fed's hawkish stance enhance the dollar's appeal, exacerbating the Colombian peso's weakness.
Geopolitical tensions, especially in Ukraine and the Middle East, lead investors to favor safe-haven assets like the dollar, adding to volatility for the Colombian peso.
Read at London Business News | Londonlovesbusiness.com
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