IKN

Hereditary sloth instructs me

The Colombia Peso/US Dollar forex

On Monday afternoon IKN noted the problem with the Colombian export mix and made mention of the problems the drop in oil would bring to the trade balance and the country’s forex rate versus the dollar. It was therefore eyecatching to see today that since Midnight Monday the Colombian Peso (COP) has dropped 4.1% against the US Dollar (USD).

Just sayin’.

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