INSUBCONTINENT EXCLUSIVE:
The Colombian peso faced renewed pressure on Wednesday, February 12, 2025, as the U.S
dollar strengthened globally following key inflation data and trade developments.The dollar closed at COP 4,164.82 in Colombia, reflecting a
rise of COP 11.02 compared to the Representative Market Rate (TRM) of COP 4,153.80
This marks the latest in a series of fluctuations driven by economic uncertainty and shifting investor sentiment.During the trading session,
the dollar fluctuated between a low of COP 4,140 and a high of COP 4,175.51
dollars as investors hedged against global risks while real-sector agents sold dollars in the spot market
trade policies under former President Donald Trump.Recent tariffs on steel and aluminum imports have fueled fears of escalating trade
tensions, adding pressure to emerging-market currencies like the Colombian peso
Proposed reforms to the General System of Participation and increased government transfers have raised concerns about fiscal
4,092 per dollar, breaking below the COP 4,100 threshold for the first time in six months
However, ongoing volatility remains likely as analysts predict exchange rates could range between COP 4,000 and COP 4,800 throughout
from both domestic fiscal uncertainties and international trade dynamics
Businesses and policymakers must navigate these complexities carefully to mitigate further economic strain.
