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Colombia Peso Rallies After Duque's Strong Results in Presidential Primary

A significant lead in votes for Colombian right-wing candidate Ivan Duque over leftist Gustavo Petro in presidential primaries pushed the peso up against the dollar on Monday as investors bet Duque would be more business friendly that the former guerrilla candidate. Petro's promise of a "social economy" that would raise taxes and shift away from oil, Colombia's top export, toward agriculture has worried investors in the Andean nation as opinion polls showed the former...

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