Fundamental: Colombia Peso Leads Emerging-Market Losses After Cabinet Shakeup

The Colombian peso weakened the most in emerging markets and local bonds dropped as the first cabinet shakeup of President Gustavo Petro's eight-month-old government spooked investors. The peso depreciated 1.6% as of 11 a.m. in Bogota, the most among 23 major emerging-market currencies tracked by Bloomberg. The yield on peso-denominated government bonds ...     Alert Mar 1, 2023, 4:55am Fundamental: Colombia Peso Leads Emerging-Market Losses After Cabinet Shakeup The Colombian peso weakened the most in emerging markets and local bonds dropped as the first cabinet shakeup of President Gustavo Petro's eight-month-old government spooked investors. The peso depreciated 1.6% as of 11 a.m. in Bogota, the most among 23 major emerging-market currencies tracked by Bloomberg. The yield on peso-denominated government bonds ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support