Colombia’s central bank has ruled out the prospect of it making any intervention if the peso continues to weaken, reported Reuters on Tuesday. Juan Jose Echavarria, governor of Colombia’s central bank,…
Colombia’s inflation rate rose more than predicted in August, ending a period of 22 months below targeted inflation range.
The general manager of the Central Bank of Colombia stated on Tuesday that he expects foreign investment to fall 5% by the end of 2014, faulting continued guerilla attacks on the country’s energy…
The Central Bank of Colombia has raised the lending rate to 4.25% in order to withdraw the monetary stimulus of the boosting economy, according to a report by Bloomberg.