Colombia’s Central Bank reported that on September 23, Colombia’s net international reserves surpassed $32 billion, raising hopes that the aftershocks of the 2008 global financial crisis will not cause a…
Colombia’s trade minister has announced that the country will have 9.88 million extra acres of land for free trade zones by the end of 2011, Colombian media reported Friday. Colombia…
Colombia’s inflation fell by 0.03% for the month of August as measured by the Consumer Price Index, according to a report published by the National Statistics Agency, DANE, on Monday. The sectors…
Central Bank interest rate pause for September 30 is likely due to concerns of board members about global economy. The minutes from Colombia central bank’s August meeting, released Friday, highlight…
Foreign net loans to Colombian companies rose to $1.11 billion in the first seven months of 2011, a rate not seen since 1999, Bloomberg reported Thursday. The companies are making…
Colombia’s President Juan Manuel Santos insisted Thursday that the political “coordination” of the Union of South American Nations (UNASUR) will save the region from the global economic crisis “hurricane.” President…
The Colombian central bank’s decision to raise interest rates last month for the sixth consecutive policy meeting was aimed at keeping inflation risks low and reining in a fast-growing economy,…
A Central Bank representative stated Friday that the most recent financial report from June reveals that the prices of perishable foodstuffs has put pressure on the rising cost of living…
Colombia’s central bank announced that it projects $200 million worth of losses in 2011, despite netting $188 million so far this year, El Espectador reported Friday. The bank noted that…