Colombian peso hits two-month low
The Colombian peso is at its lowest point since mid-February, amid growing speculation that the central bank will boost its daily dollar purchases in order to aid fledgling export markets. The…
The Colombian peso is at its lowest point since mid-February, amid growing speculation that the central bank will boost its daily dollar purchases in order to aid fledgling export markets. The…
Colombia’s central bank decided Friday to leave the record-low benchmark interest rate unchanged for a fourth straight month, in an attempt to boost the economy’s recovery. A Bloomberg survey of…
Colombia will today release statistics on its gross domesic product (GDP) in the fourth quarter of 2009, which are expected to show a return to growth. Jose Dario Uribe, the…
A survey released Thursday by Colombia’s Central Bank predicts that inflation will reach 3.6% in 2010, down from the 3.75% level predicted in February’s survey. March inflation is expected to…
The Colombian peso defied the Central Bank’s efforts to stem its appreciation, rising to a 5-month high on Monday. The peso reached a peak of COP1,886.6 to the dollar, its…
Colombia’s foreign debt stood at $53.31 billion in November last year, equivalent to 23.1% of GDP, according to new Central Bank statistics. This is the highest level since 2006, when…
Colombia’s Central Bank again voted to keep the country’s interest rate unchanged at 3.5% in Friday’s monetary policy meeting. This is the third successive monthly meeting at which the bank…
The Central Bank of Colombia’s key interest rate at 3.5% stimulates economic growth, the bank’s seven board members said when they decided to keep the rate unchanged during their last…
Two out of the seven Colombian Central Bank’s board members separately said on Wednesday they would rather have low interest rates for while, strengthening the market feeling about the foreseeable…