IGBC index down 4.3% on global selloff
The Colombian IGBC stock index fell to a level not seen since January as investors are selling shares following a global selloff fueled by growing fears of a recession. The…
The Colombian IGBC stock index fell to a level not seen since January as investors are selling shares following a global selloff fueled by growing fears of a recession. The…
The Colombian peso weakened to levels not seen since November 2006 following the Mexican peso and the Brazilian real, which slide as world markets go deeper in turmoil. The Colombian…
The European Union has agreed to negotiate a trade agreement directly with Colombia and Peru, bypassing the resistance of Bolivia and Ecuador, said Colombian president Álvaro Uribe Tuesday. Uribe said…
The Colombian peso Tuesday depreciated to its lowest level since December 2006 after jittery investors kept seeking refuge in dollar-denominated assets considered safer. The peso weakened to 2,282.95 to the…
Colombia’s peso declined on concerns the global credit crisis won’t abate soon as the central bank sold $180 million in dollar options and suspended a daily dollar buying program. Colombia’s…
Bancolombia made an in-kind contribution of 38 real estate properties to private equity fund Colombia Inmobiliaria. The 38 properties are valued at approximately Ps. 2,034,874,029. Colombia Inmobiliaria will be managed…
Colombian bonds and shares plummeted Monday as investors massively sold on fears a world recession is looming. The benchmark stock index fell 4.9% to 8,761.49 points, its lowest level since…
Combined Colombian public and private external rose to US$45.6 billion in June, a 5.3 percent increase from last year, but a lesser proportion of GDP, reported the Bank of…
Hotels of all sizes saw their income drop an average of 7.7 percent in July compared to the year before as guests fell 3.1 percent. Year-to-date data income is still…