Colombia’s peso worrying flower exporters more than rain
The flood of dollars has overtaken actual flooding as the main concern for flower growers in Colombia as they prepare for one of the busiest days of the year, Mother’s…
The flood of dollars has overtaken actual flooding as the main concern for flower growers in Colombia as they prepare for one of the busiest days of the year, Mother’s…
Colombian stocks declined Tuesday, pushed lower by a drop in oil and banking stocks, while the peso strengthened against the dollar. The IGBC index, the benchmark index for Colombia, fell…
Colombia stocks climbed Friday as shares of Toronto-based oil company Pacific Rubiales (PRE.T) began to rebound from previous losses. The IGBC index, considered the benchmark for Colombian stocks, posted a…
The Colombian government may work to curb the strong peso by delaying plans to repatriate the entirety of a $1.5 billion account held abroad, Bloomberg reported Wednesday. Finance Minister Juan…
Colombia Finance Minister Juan Carlos Echeverry said Tuesday the government doesn’t support the use of capital controls to halt gains in the peso, which has surged 5% against the dollar…
The Colombian peso reached a high of 1,780.27 to the U.S. dollar in New York on Wendesday, its highest level since August 2008, Bloomberg reported. Much of the peso’s rise…
Colombian stocks surged Wednesday, fueled by gains in oil and financial shares, while the peso strengthened against the dollar. The IGBC index, the benchmark for Colombian stocks, rose 2.06% to…
Colombia stocks fell Monday as shares of leading local oil companies were hurt by lower global oil prices and data showing exploration wells in Colombia came up dry last quarter.…
Colombian airline Avianca will replace its Fokker 100 aircraft with the Airbus 318 on national flights announced Avianca President Fabio Villegas. Villegas said that the changeover will take place in…