Colombian Peso (COP)
a.k.a. COP
Colombia's currency, code COP, which often moves with oil prices.
In plain English
Colombia's currency, code COP, which often moves with oil prices.
The Colombian peso (COP) floats. Oil is one of Colombia's biggest exports, so crude prices and global risk mood push it around.
It is an emerging-market currency with wider spreads and bigger swings than the majors.
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