Colombia stocks fall, led by nutresa; peso weakens
Colombian stocks declined Friday, pulled lower by a drop in shares of Grupo Nutresa S.A. after the food company launched a public share offering at a fixed price below its…
Colombian stocks declined Friday, pulled lower by a drop in shares of Grupo Nutresa S.A. after the food company launched a public share offering at a fixed price below its…
Colombia’s economic authorities are set to face a renewed spate of political pressure to curb a surging peso as booming foreign investment mixed with the global weakness of the dollar…
Colombia’s central bank is likely to raise interest rates to cool inflationary pressure, according to 21 economists surveyed by Bloomberg. The economists predicted that the bank’s board of directors will increase…
The Colombian peso has been roiled by a dose of fear in recent weeks spurred by discretionary government dollar purchases in the exchange market. The peso has weakened since the…
The Colombian peso, which had been on a tear for much of the year, has retreated against the dollar in recent days, slammed by the global decline in commodity prices…
Colombia’s peso weakened against the U.S. dollar on Monday as the government’s dollar-purchase plans squeezed investors, companies, and banks with foreign obligations, prompting them to sell the peso. The peso…
Colombian exporters are “learning to survive” the strong peso by boosting productivity and exploring new markets, the country’s trade minister told Bloomberg Wednesday. Minister Sergio Diaz-Granados said “The plan is…
Colombia stocks managed small gains Friday following four days of sharp declines, while Colombia’s peso ended lower for the week after the government moved to stem its surge against the…
Members of the Colombian central bank’s board have expressed disagreement over the use of short-term capital controls to slow strengthening of the peso in relation to the dollar, Reuters reported. On…