No need for new measures to tame peso: minister
Colombia doesn’t plan to take measures to tame the peso’s appreciation other than the dollar purchases carried out by the country’s Central Bank, though the bank is likely to step…
Colombia doesn’t plan to take measures to tame the peso’s appreciation other than the dollar purchases carried out by the country’s Central Bank, though the bank is likely to step…
The Colombian peso closed stronger against the dollar Friday as the effects of the central bank’s purchases of dollar on the spot market faded. The peso closed at 1,798.5 Colombian…
The Colombian peso retreated Thursday as the central bank continued its policy of intervening in the spot market in a bid to rein in currency’s appreciation. The peso closed at…
Colombian exporters said on Thursday the government should help lower the cost of doing business and the central bank should take more measures to help firms weather a strengthening peso…
Colombia’s central bank on Wednesday started purchasing what it said would be at least $20 million daily for the next four months to help ease the rise of its currency,…
Colombia’s peso fell the most in a month on Wednesday morning after the central bank said it would buy “at least” $20 million a day to stem a rally that…
Colombia’s government and central bank are preparing an “aggressive intervention” in the appreciation of the peso as the currency hit a two-year high against the dollar, local media reported on…
Colombia’s central bank appears to be expanding its arsenal to combat the appreciation of the peso, potentially making it more difficult for investors to assess the scope of the bank’s…
The peso cruised past the COP1,800 threshold on Friday as the currency continues to gain on the strong economic outlook for Colombia and the global weakness of the dollar. The…