Colombia peso drops 1.1% as market aims for COP2,000/USD
Colombia’s currency was 1.1% weaker against the dollar on Tuesday at 1,972 pesos as investors start betting on an expected end-of-year slump in the peso that would bring it to…
Colombia’s currency was 1.1% weaker against the dollar on Tuesday at 1,972 pesos as investors start betting on an expected end-of-year slump in the peso that would bring it to…
Colombia’s peso, which hit its lowest level of the year one week ago, is rebounding significantly Wednesday as expectations of a plan to shore up European banks improves overall risk…
Colombia’s peso is trading at its strongest level in nearly two weeks Monday as global investors look favorably upon Europe’s latest plans to solve its debt woes. The peso reached…
Colombia’s peso is extending its declines against the dollar Tuesday, recently hitting a fresh 2011 low as worries of a global recession lead investors to unwind their positions in riskier…
The Colombian peso is unlikely to depreciate much more and should trade around the COP1,900 level, Colombia Finance Minister Juan Carlos Echeverry told Dow Jones Newswires Thursday. “I was not…
The General Index of the Stock Exchange (IGBC) has fallen by 2.68% in a week as the shock waves of the global financial crisis begin to be felt in Colombia,…
Colombia has eased its short-term debt burden on Tuesday in a record 6.5 trillion pesos ($3.52 billion) swap for longer-term bonds as Latin America’s No. 5 economy cashed in on…
The Colombian peso has fallen to a five-month low as demand for assets from emerging markets is weakened by the debt crisis in Greece, Bloomberg reported Monday. One dollar was…
Latin American countries could be trading without using U.S. dollars by next year according to Brazil’s Development, Industry and Foreign Trade Minister. Financial publication Portafolio reported that Fernando Pimentel, who…