COThe article discusses how the recent depreciation of the Colombian peso is negatively affecting households that rely on remittances, despite record levels of these transfers. While remittances reached historic highs in 2025—up 11% compared to 2024 and representing 3% of Colombia’s GDP—the stronger peso reduces the purchasing power of families receiving these funds. This has led to reduced consumption capacity, forced budget cuts, and increased financial strain on households. The Center for Economic Analysis (Anif) warns that this trend could reduce regional economic activity, particularly in areas like Valle del Cauca, Cundinamarca, and Antioquia, which receive the most remittances. Despite the positive growth in remittances due to higher migration rates and better employment opportunities abroad, the impact of currency fluctuations remains a significant challenge.
Bias read (Center): The article presents a balanced view by citing both the positive economic effects of remittances and the negative impacts of currency fluctuations. It references official data from the Banco de la República and the Center for Economic Analysis (Anif), without overtly favoring any political stance. S
