Colombia's Strong Peso Threatens Export Sector Competitiveness

The Colombian peso has experienced a sharp appreciation against the US dollar in recent months, causing concern for the country's export sector.

The exchange rate has fallen by nearly 23% over the past year, making it difficult for farmers to sell their products abroad.

Coffee, banana, and avocado producers are among those hardest hit by the stronger peso, as they rely on international markets for revenue.

The associations representing these industries have called on President-elect Abelardo de la Espriella to include measures aimed at protecting export competitiveness in his economic strategy.