Colombia’s Agriculture Minister Juan Camilo Restrepo Salazar called the central bank’s decision to raise interest rates by a quarter point to 5% “lamentable”. In a press release Restrepo said, “I…
The Colombian peso strengthened sharply against the dollar Tuesday as traders and investors respond to the central bank’s decision a day earlier to unexpectedly hike its benchmark rate by 25…
Colombia stocks had one of their best days of the year Monday, led by big gains in top bank Bancolombia after the lender concluded a local share issue. The Colcap…
Colombian stocks declined Friday as investors continued to sell shares of Banco Davivienda SA on concerns over the bank’s planned purchase of HSBC Holdings PLC’s businesses in Central America. The…
Colombia’s main stock index ended little-changed Thursday as modest declines in oil stocks were offset by gains in shares of AviancaTaca Holding SA, Colombia’s flagship airline. The Colcap index, considered…
The Colombian peso is strengthening 1% against the dollar Thursday, adding to the sharp gains by the currency in January, as investors and traders respond to the Federal Reserve’s signals…
Colombia’s blue-chip index declined modestly Wednesday due to a drop in the share price of state-controlled oil firm Ecopetrol SA and lender Bancolombia SA, while the peso weakened slightly against…
The Colombian government is facing renewed pressure to take forceful measures to curb the appreciation of the peso, which gained nearly 7% against the dollar in January. Javier Diaz, the…
Colombia’s benchmark blue-chip index climbed modestly Monday, spurred by gains in heavily-weighed oil shares, while the peso extended its gains against the dollar. The Colcap index, considered as the main…