Colombia’s peso sunk to a record low against the dollar on Wednesday amid social unrest, and uncertainty over tax reform and global economic growth. On Thursday, the dollar’s value against…
The US dollar broke through the COP3,500 barrier for the first time in history on Wednesday as Colombia’s peso continues to suffer from global economic insecurity. The recent pressure on…
Colombia’s peso dropped in value against the dollar on Monday after the election of the conservative Ivan Duque as the country’s new president. The price of one dollar went up…
Pushed by increasing oil prices and a weak dollar, Colombia’s peso accelerated its hike on Wednesday. In early trading, the dollar dropped to COP2,758, after it recovered and settled around…
The US dollar broke through the COP3000 mark and Colombia’s stocks dropped for a second day in a row on Monday amid ongoing uncertainty over the United Kingdom’s popular vote to…
Colombia’s peso rose against the US dollar on Friday after an global economic shake-up caused by the United Kingdom’s decision to leave the European Union.
The Colombian peso spiked Tuesday and pushed the dollar below the COP3000 mark amid concerns about the US economy and a possible reduction of oil output in Nigeria.
The Colombian peso weakened on Tuesday after the country’s central bank announced it would suspend an intervention policy aimed at slowing the currency’s decline. The central bank said on Friday…
Following a year-and-a-half decline during which Colombia’s peso lost approximately 40% of its value, the currency seems to be recovering and has remained below the COP3000 mark for a week.