Colombia’s currency leaped by the most in four years while bonds and stocks surged after right-wing outsider Abelardo de La Espriella unexpectedly won the first-round of voting for the presidency and went into the runoff as clear favorite against leftist Ivan Cepeda.
Abelardo de la Espriella, presidential candidate for the Defenders of the Homeland party, during an election night rally in Barranquilla, Colombia, on Sunday, May 31, 2026. Celebrity lawyer De la Espriella unexpectedly topped the first round of Colombia’s presidential vote, as Latin America heads into another highly polarized election.
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