Article details
Societe Generale's Dev Ashish highlights the potential for a runoff in Colombia's 2026 presidential election, where polls indicate a unified right-wing bloc holds an edge over the Historic Pact candidate. The analysis suggests political uncertainty could persist until May 2026, with market participants closely monitoring the election's impact on economic policies and investor sentiment. A runoff scenario might delay policy clarity, affecting foreign investment flows and currency stability. The USD/COP pair could face volatility as traders anticipate shifts in fiscal and trade strategies under different leadership. The report underscores the need for investors to assess how election outcomes might influence Colombia's economic trajectory and regional market dynamics.
