Emerging markets

Colombian peso decouples from peers amid January volatility

January 28, 2026 An Ruwaito ta hanyar AI Hoton da AI ya samar

Continuing its strong revaluation trend earlier in January—where it led emerging currencies with gains over 4% through January 22—the Colombian peso depreciated 1.36% on January 28, 2026, diverging from appreciating regional peers like the Brazilian real and Mexican peso. Despite the daily drop, it holds a 3.5% monthly gain amid global volatility and commodity rebounds.