Colombia’s Central Bank doubles dollar purchases, lifts rates to 4%
Colombia’s central bank is to double US dollar purchases to control an appreciating peso,...
Tag: banco de la republica
Investors urged to buy Colombia bonds while conditions last: banking analyst
Colombia currently offers the best returns in the world for “carry-trade” investment...
Colombia’s Central Bank hikes rates again as economic growth gains momentum
Despite back-to-back interest rate hikes by Colombia’s central bank, economic growth is accelerating with inflation within targets, reported US news service Bloomberg. The board of Colombia’s central bank, Banco de la...
Colombia bond yields drop after ‘surprise’ interest cut
Colombia’s bond yields fell Wednesday, after the country’s central bank lowered borrowing costs by a “surprising” half a percentage point. Yields on peso bonds due in 2014 fell to 3.58% Wednesday morning,...
Foreign investment in Colombia unrelenting: Central Bank
Foreign investment in Colombia reached the dizzy heights of $11.8 billion by August this year representing a growth of 20.39% from the same period in 2011, said a report from Colombia’s central bank according to newspaper...
Colombians abroad send less money home
Colombia’s Ministry of Economic Development reports that since 2008 there has been a steady decrease in remittances that Colombian’s abroad are sending to their families at home. In the past two years, the value of...
