*The Colombian peso closed at 3,367 against the dollar — its strongest level in over six years — falling 13.9% below its 52-week high as Colombia's 12% policy rate draws yield-seeking capital into Colombian assets.*
Colombia · Markets
The Big Three
The peso is the real story, not the index USD/COP closed at 3,367 — down 0.60% on the day and 13.9% below its 52-week high of 3,909, its strongest level in over six years. A 12% policy rate and post-election calm are pulling yield-seeking capital into Colombian assets faster than a flat equity tape suggests.
Colombian equities are clinging to the top of their range The GXG proxy eased just 0.22% to 41.55, sitting only 6.3% below its 52-week high of 44.34 and a world away from the 27.29 floor. After a near-70% 12-month surge in local terms, this is consolidation, not capitulation.
