JhetoXekri

On Colombia Devaluation 🥱

Long
FX_IDC:USDCOP   U.S. DOLLAR / COLOMBIAN PESO
As the dollar loses value (power purchasing), continues to devalue world currencies, the dollar vs. Colombian peso relationship corrects, only to become parabolic, by the end of August the 5000 COP x 1 USD will be reached, less political speeches and more economy. 🥱

All the Colombians that I sent to read about the economy were only offended, we will see how their profound ignorance ends. 🧨💥😭

Headlines:

June 24, 2022: ONGC rises after overseas arm discovers oil in Colombia.

July 29, 2022: Petrobras discovers gas offshore Colombia.



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