Colombian peso update – Wednesday, March 7
The Colombian peso strengthened against the dollar today with one dollar closing at 1,769 compared to 1,780 the day before. Lucia Duarte a currency strategist at Bancolombia told Bloomberg that…
The Colombian peso strengthened against the dollar today with one dollar closing at 1,769 compared to 1,780 the day before. Lucia Duarte a currency strategist at Bancolombia told Bloomberg that…
The Colombian peso weakened against the dollar Tuesday, with one dollar closing at 1,780.10 against 1,772.00 the day before. According to Dow Jones, the sliding value was due to declining…
The Colombian peso was nearly unchanged Monday, the first day of trading after the central bank increased its key lending rate and announced that it extended its dollar-buying program designed…
Colombia’s benchmark stock index fell Friday despite gains in the heavily weighted oil shares, while the peso was nearly flat against the dollar. The Colcap index, the benchmark measure for…
Colombian stocks rose Thursday led by big gains in shares of oil producer Pacific Rubiales (PEGFF, PRE.T) after the company announced a 52% increase in reserves. The Colcap index, which…
Colombian stocks inched higher Wednesday, driven by gains in state-run energy firm Ecopetrol SA (EC, ECOPETROL.BO), while the peso weakened slightly against the dollar. The Colcap index, the benchmark for…
Colombian President Juan Manuel Santos proposed that the state oil company, Ecopetrol, pay dividends to private investors this year and delay payment to the government until 2013, a move that…
Colombia’s benchmark index rose Monday for a sixth straight session, on this occasion fueled by gains in the shares of Pacific Rubiales Energy (PRE.T), while the peso continued to strengthen…
Colombia’s peso was trading at a six-month high Monday morning despite persistent efforts by the government and central bank over the past few weeks to stem the currency’s gains. Cautious…