Colombia’s central bank is widely expected to increase its benchmark interest in its monetary policy meeting slated for Friday as a new bout of torrential rains threatens to unleash inflationary pressures. A survey by Dow...
Read MoreColombia Finance Minister Juan Carlos Echeverry said Tuesday the government doesn’t support the use of capital controls to halt gains in the peso, which has surged 5% against the dollar this month. “We’re not...
Read MoreColombia stocks fell Monday led by energy firm Canacol Energy Ltd., whose shares plunged after the company said it was closing an exploration well in Guyana. The IGBC index, considered the benchmark for Colombian stocks, posted...
Read MoreColombian stocks surged Wednesday, fueled by gains in oil and financial shares, while the peso strengthened against the dollar. The IGBC index, the benchmark for Colombian stocks, rose 2.06% to 14342.06 units. The gains were led...
Read MoreColombia’s retail sales and industrial output rose in February. Retail sales increased 13.2% in February from a year earlier while industrial output climbed 2.4%, the government’s statistics agency, known as DANE,...
Read More