Colombian Peso Slips as Ecopetrol Gains | Colombia Market Report, Oct 14
Colombia’s peso weakened to about 3,189 per dollar on Wednesday 14 October as US inflation lifted the dollar, while Ecopetrol rose 2.17% in New York. The post Colombian Peso Slips as Ecopetrol Gains | Colombia Market Report, Oct 14 appeared first on The Rio Times .
The Colombian peso weakened against the US dollar on October 14, 2026, as the dollar gained 15.80 pesos on the day. Market participants believed a potential rate increase by the Federal Reserve could support the dollar. Oil stocks, including Ecopetrol, rose as West Texas Intermediate crude prices increased by around 1%. Ecopetrol's New York shares increased by 2.17%, while the S&P 500 fell by 1.11%.
The weaker peso and stronger oil stock were the two significant factors for US investors in Colombia. The central bank's decision in October would be the next local test, with markets leaning towards no change. Investors should watch the central bank, as a rate rise would strengthen the peso. Gold fell for a third consecutive session, while oil rose, supporting Ecopetrol.
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