Peso sinks to three-week low
Colombia’s peso fell to a three-week low as signs the South American economy is slowing hurt appetite for the nation’s financial assets. Colombia’s industrial output plunged 13.3 percent in November,…
Colombia’s peso fell to a three-week low as signs the South American economy is slowing hurt appetite for the nation’s financial assets. Colombia’s industrial output plunged 13.3 percent in November,…
Colombian President Álvaro Uribe expressed his concern about job losses in the country as a result of the global economic crisis and the decrease in demand of Colombian products. “The…
Colombia’s industrial production sank 13.3 percent in November compared with the same month in 2007, the fourth consecutive monthly fall, the DANE national statistics agency said on Tuesday. Only a…
The European Council on Monday authorized the Commission to start trade talks with Colombia and neighboring Andean countries “who are willing to so and share our general objectives.” Colombia, Ecuador…
Colombia’s peso weakened amid a drop in oil, the nation’s biggest export, and on concern the financial crisis is deepening, hurting investor appetite for higher- yielding, emerging-market assets. The peso…
The Colombian peso slid to a two-week low as investors shunned higher-yielding, emerging-markets assets on pessimism about the global economy. The peso fell as much as 0.9 percent as oil,…
The Colombian government says it will do all it can to avoid a further increase of unemployment in the country. To achieve that it asks the Central Bank to further…
Colombia anticipates its 2009 oil production will be up about 10 percent, even as other oil-producers are expected to announce further price-bolstering cuts. The financial daily Portafolio reported Wednesday that…
Foreign investment in Colombia rose 25,1 percent in 2008 compared to the year before, the country’s Exchange Balance (EB) for last year shows. According to the EB, international companies invested…