Colombian Currency Leads Global Gains on Recovery in Oil Prices
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Colombia’s peso climbed to a two-month high as oil, the South American nation’s biggest export, traded near its highest price this year.
The peso’s 1.7 percent jump was the biggest globally among 31 major currencies tracked by Bloomberg and extended its gain this month to 7.8 percent, the biggest since 2009. At 2,412.45 per dollar at the close in Bogota, the peso closed at its strongest level since Feb. 16.