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The Colombian peso just collapsed after voters rejected Farc peal deal

The Colombian peso just collapsed. The currency dropped by 2.7% to 2,959.03 per dollar around 9 a.m. ET as trading began. It retraced some of its losses minutes later, and is now down by 2.3% at 2,946.90 per dollar as of 9:19 a.m. ET. The move follows Sunday's referendum result during which Colombian voters rejected a peace deal negotiated over the last four years between the government and the country's largest rebel group, FARC.
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