Colombia’s Central Bank intervened in the foreign exchange market Monday to purchase $20 million at 1,798 Colombian pesos per U.S. dollar. The central bank started purchasing dollars last Wednesday, intervening…
Colombia doesn’t plan to take measures to tame the peso’s appreciation other than the dollar purchases carried out by the country’s Central Bank, though the bank is likely to step…
The Colombian peso closed stronger against the dollar Friday as the effects of the central bank’s purchases of dollar on the spot market faded. The peso closed at 1,798.5 Colombian…
The Colombian unit of Spain’s Banco Santander SA plans to sell local bonds worth up to 140 billion Colombian pesos ($78 million) in bonds with a maturity as long as…
Colombia’s industrial production increased 0.2 percent in July versus a year ago, the government said on Friday, the slowest monthly growth in output this year. Colombia, Latin America’s No. 4…
The Colombian peso retreated Thursday as the central bank continued its policy of intervening in the spot market in a bid to rein in currency’s appreciation. The peso closed at…
Colombian exporters said on Thursday the government should help lower the cost of doing business and the central bank should take more measures to help firms weather a strengthening peso…
Colombia’s central bank on Wednesday started purchasing what it said would be at least $20 million daily for the next four months to help ease the rise of its currency,…
Colombia’s largest holding company, Grupo de Inversiones Suramericana SA is likely to book a net profit close to 500 billion Colombian pesos ($279 million), boosted by its insurance business and…