Markets & Finance · Andean
—The vote. Colombia chooses its next president on Sunday, June 21, in a runoff between the right’s Abelardo de la Espriella and the left’s Iván Cepeda.
—The favourite. Late polls give de la Espriella a lead of several points, and investors read him as the friendlier outcome for business.
—The currency. The Colombian peso has been the region’s strongest this year, trading well below where it started the month against the dollar.
—The rotation. A closely watched survey shows global funds pulling money out of Brazil and into Colombia and Argentina.
