Finance Minister doubts further rate cuts would boost economy
Colombian Finance Minister Oscar Ivan Zuluaga said Monday that he doubts further rate cuts would boost the country’s economy. “I am not that sure that, today, cuts of interest rates…
Colombian Finance Minister Oscar Ivan Zuluaga said Monday that he doubts further rate cuts would boost the country’s economy. “I am not that sure that, today, cuts of interest rates…
Colombia’s crude oil output in September rose to an average 679,000 barrels a day from 610,000 barrels a day in the same month last year, the government oil-licensing agency reported…
Colombia on Thursday announced measures to slow the appreciation of the peso, including a halt on monetarizing dollars the state holds abroad and keeping $500 million in state oil company…
The Colombian peso, which has appreciated 23% so far this year, is too strong and causes problems to exporters, so the government and Central Bank will evaluate measures to mitigate…
Colombia’s stocks fell Tuesday, dragged down by shares of state-controlled Empresa de Telecomunicaciones de Bogota SA and the country’s largest bank, Bancolombia SA. The benchmark IGBC stock index fell 2.1%…
Colombian President Alvaro Uribe and his Guatemalan counterpart Alvaro Colom exchanged notes in Guatemala City Tuesday regarding a free trade agreement between the two countries, which will come into force…
Colombia launched a dollar bond Tuesday yielding 200 basis points over Treasurys, or 6.15%, that matures in January 2041. The size is seen at around $1 billion, according to investors…
Canadian oil and natural gas producer Pacific Rubiales Energy Corp said it discovered more oil on the Quifa Block, located in the Llanos Basin of Colombia. As a result, an…
Colombian President Alvaro Uribe Saturday asked the country’s Central Bank to come up with measures to stop the appreciation of the peso against the dollar. The expensive peso is hurting…