The Colombian peso continues to be the best performing currency in emerging markets as investors shrug off the central bank’s efforts to slow the currency’s rally and instead focus on its carry appeal.
Colombia Peso Defies Central Bank Bid to Halt Carry-Fueled Rally
The Colombian peso continues to be the best performing currency in emerging markets as investors shrug off the central bank’s efforts to slow the currency’s rally and instead focus on its carry appeal.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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