Reported about 22 hours ago
The Colombian Peso experienced a drop of up to 1.7% against the dollar following unverified reports of Finance Minister Diego Guevara's potential resignation after just three months in office. This uncertainty has raised concerns among investors about public financial stability as President Gustavo Petro struggles to execute his ambitious reform agenda. The central bank's monetary policy direction is now also in question, further impacting market confidence.
Source: YAHOO