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Colombian Peso Weakens as Dollar Regains Ground; EM Assets Face Yield vs. USD Risk
El EspectadorLO·CO·1 day ago
The Colombian peso opened stronger, with the dollar trading at $3,170, $22.92 below the official TRM, reflecting improved risk sentiment. Oil prices hit an 11-day low as markets await diplomatic progress on the Iran conflict at the UN, easing geopolitical risk premium. The move suggests a risk-on tilt in emerging markets, though the sustainability depends on diplomatic outcomes.
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