Colombia’s Peso Breaks 3,200 as 2027 Deficit Is Seen Worse Than the Pandemic

Colombia's peso fixed at 3,202.79 per dollar after five sessions of losses as fiscal warnings escalated. XP Investments puts the 2027 deficit at 9.4 percent of GDP, deeper than the pandemic year, with financing needs nearly doubling to COP 238.6 trillion (US$74.5 billion).