The historic low of Colombia’s peso against the dollar reached on Tuesday is not the end of the Colombian currency’s year-long decline. However, the drop is not infinite either, analysts said…
The Colombian peso continued its decline on Tuesday when the US dollar opened above the COP3,000 mark on the local currency exchange.
Colombia produced an average of 945,000 barrels per day (bpd) in July, down 6% from June, when output averaged slightly more than 1 million bpd, the Energy and Mines Ministry…
Goldman Sachs has sold its controversial Colombia coal mining division to privately held Murray Energy, Murray said on Thursday, concluding the Wall Street firm’s divestment of physical commodity assets.
Colombia closed the 2014 fiscal year with a $5.1 billion gap, the country’s comptroller general said Tuesday while calling for increased prudence in government spending amid dropping oil revenue.
Colombia’s peso hit its lowest point of the century on Thursday morning with one US dollar worth 2,972 pesos, eight pesos more than the previous record set in 2003.
Controversial Republican presidential candidate Donald Trump is in the market for Colombia soccer team Atletico Nacional, just days after signing a $90 million purchase of a hotel in Medellin.
Colombia, Latin America’s No. 4 oil producer, is changing the slate of crudes it exports in a bid to offset the falling prices that are crimping the revenues of its…
Colombia’s Central Bank believes inflation in the country will be 4.5% this year, a consumer price growth increase significantly higher than its initial projection of 3%.