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COP Surges On Oil, Biden To Meet With President Duque

COLOMBIA
  • USDCOP under significant pressure yesterday amid the surging oil prices, retreating to 3836.48 from intra-day highs of 3989.25.
  • President Biden will meet with Colombian President Ivan Duque at the White House on March 10 and discuss Russia, Covid-19 and migration, among other issues, according to a statement.
    • This comes under three months before Colombia holds presidential elections on May 29 with a likely run-off vote three weeks later.
  • Today, Colombia’s Isagen to sell as much as 450 billion pesos in local markets.

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