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All Eyes On December 07 Inflation Release Following Villar Comments

COLOMBIA
  • USDCOP trades close to unchanged on the week with the stabilisation in crude futures following Wednesday’s volatile session helping support the peso as we approach the weekend close.
  • With another quiet week on the local calendar next week, all eyes will be on CPI data on Dec 07 following the comments made by BanRep Governor. As a reminder, Villar said on Tuesday that an important CPI drop would prompt a rate cut, especially significant given the recent weak growth data.

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