World-beating currency has RenCap double-checking its math


This article by Christine Jenkins for Bloomberg crossed my desk and may be of interest to some clients. Here is a part of the article: Colombia’s currency is the world’s top performer in the early days of 2018, and Renaissance Capital is forecasting more gains ahead for what it sees as one of the best bets in emerging markets. The peso has rallied 3 percent this month following a lackluster 2017 that left it almost unchanged and toward the bottom of the pack for developing-nation currencies…

Here is the ARTICLE.          

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