Colombia’s Peso Hits More Than One-Month High, Lifting LatAm Currencies
The peso touched its highest level in more than a month on Monday after a central banker said rates may need to stay higher for longer, supporting regional currencies.
Colombia’s peso reached its highest level in more than a month on Monday, after a central banker said interest rates may need to remain higher for longer. The remarks gave fresh support to one of the region’s best-performing currencies this month.