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Economy

Colombia “shows stability” amid global crisis

by Adriaan Alsema October 19, 2008

Colombia’s central bank chief
Jose Dario Uribe said on Sunday the nation’s economy has shown
stability as the world is battered by financial turbulence and
a mounting credit crisis.

“In the case of Colombia we have shown great stability,”
Uribe told Reuters at the end of a four-hour meeting of central
bank presidents from Latin America’s biggest economies.

Chief bankers from Mexico, Brazil, Chile, Argentina, Peru
and Colombia were in the Chilean capital Santiago for a day of
meetings to discuss the deepening global financial crisis and
how best to shield the region from its fallout. (Reuters)

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