BUSINESSJun 24 · 05:59 UTCTHE RIO TIMESRafael Silva Santos

Colombia’s Stock Market Falls Again but the Peso Holds Firm

Colombia's COLCAP stock index fell 1.93% to 2,347 on June 23, continuing a decline after a pre-election rally following a close runoff election. The Colombian peso strengthened to a multi-year high amid the stock market drop, indicating profit-taking rather than a capital flight.

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