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Peso exchange rate and Brent: the old rules don’t apply

Wednesday, April 15th, 2026 Category: Downstream & Pricing
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Peso exchange rate and Brent: the old rules don’t apply

With Brent crude surpassing US$100/bbl on the back of the Middle East conflict, Colombia’s foreign exchange market is facing a moment of redefinition – and ANIF’s latest analysis warns that the textbook relationship between oil prices and the peso can no longer be taken for granted.

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