Peso in biggest weekly drop since May
Colombia’s peso fell and headed for its biggest weekly decline since May after President Juan Manuel Santos said the currency’s rally is “worrisome.” The peso slid 0.6% to 1,835.56 per…
Colombia’s peso fell and headed for its biggest weekly decline since May after President Juan Manuel Santos said the currency’s rally is “worrisome.” The peso slid 0.6% to 1,835.56 per…
Colombia’s peso fell the most in a month after President Juan Manuel Santos challenged the Central Bank to take steps to ease a rally that drove the local currency to…
Colombia’s peso will likely strengthen to 1,700 per dollar by year-end as higher commodity prices boost exports, Barclays Capital said. Barclays revised its year-end peso estimate from 1,800 previously, economist…
Colombia’s peso gained against the dollar Monday, continuing a rally that has been boosted by optimism on the economic plans of President Juan Manuel Santos and the central bank’s halt…
The Colombian IGBC stock index Friday fell following an early market decline in New York after the U.S. government released a weaker-than-expected July nonfarm payrolls report. The IGBC benchmark index…
The Colombian peso continued to rally against the dollar, closing Thursday at COP1,819 as bets that a strong economic recovery and a surge in foreign investment keep boosting the currency.…
The Colombian peso is on a tear, continuing to appreciate against the dollar as authorities appear to have a limited arsenal at their disposal to stop the currency’s surge. The…
The Colombian IGBC stock index Tuesday rose, led by shares of state-controlled oil company Ecopetrol SA which announced it agreed to buy the assets of BP PLC in Colombia. The…
In an interview with news organization Primera Pagina, Joydeep Mukherji, head analyst for Colombia at the ratings agency Standard and Poor’s (S&P), explained how Juan Manuel Santos’ incoming administration can attain…