Petro Urges Colombians Not to Bet Against Their Diving Currency
- Currency suffered the world’s biggest drop on Monday
- Peso has lost 16% against US dollar since Petro won election
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President-elect Gustavo Petro advised Colombians not to bet against the peso after the currency suffered the world’s biggest drop on Monday.
“To those today who are buying dollars in Colombia, with the greatest respect I have to announce that when you come to sell them again, they’ll be worth less than they are now,” Petro wrote in a post on Twitter. “Watch out! Don’t lose your money.”