LatAm Expat & Nomad Daily Guide for Sunday, August 23, 2026

The Sunday Aug. 23, 2026 LatAm expat and nomad daily guide says the week brought currency gains across the region after the U.S. dollar weakened broadly. The dollar index hit a three-month low near 98.50 on Thursday and closed Friday just above it as markets re-priced expectations for Federal Reserve cuts. Colombia gained the most. Analysts cited three drivers for the peso: a 7 August decree freezing public spending to cut COP 60 trillion (about US$19 billion), proposals to reopen hydrocarbon exploration to private investment, and the central bank holding its policy rate at 12.0% with a plan to build reserves up to US$4 billion over two years. Pereira’s airport reopened for commercial flights Aug. 21 after 11 days, but at about a quarter of normal capacity, around 14 flights daily.