Peso appreciates on foreign direct investment
The Colombian peso appreciated Wednesday as investors anticipate the flow of foreign direct investment will continue to rise. The peso strengthened to 1,911 Colombian pesos to the dollar from COP1,919.4…
The Colombian peso appreciated Wednesday as investors anticipate the flow of foreign direct investment will continue to rise. The peso strengthened to 1,911 Colombian pesos to the dollar from COP1,919.4…
Colombia’s peso rose to a 10-week high amid an increase in the price of oil and after the government said it expects the local currency to trade this year at…
The Colombian peso strengthened against the dollar to a two-month record on Thursday on the rising flow of foreign direct investment. The peso closed at 1,925.95 Colombian pesos to the…
Colombia’s peso on Tuesday rose, nearing a three-week high, on bets foreign direct investment into oil and mining will boost dollar inflows into the South American country. Colombia’s peso…
The Colombian IGBC stock index fell to its lowest level in two months following the decline of shares in the U.S., dragged by lingering concerns on the euro zone sovereign…
The Colombian peso plunged to a one-week low Wednesday amid fears that tougher regulations in Europe will reduce the demand for high-yielding emerging market assets, reports Business Week. The peso…
Colombian markets picked up early Monday as European policymakers and the International Monetary Fund pledged €750 billion ($963.28 billion) in aid for heavily indebted countries, reports The Wall Street Journal. European…
The Colombian peso has dropped to a three-month low due to European economic uncertainty, reports Businessweek. Concerns that Greece’s debt crisis could spread to other indebted nations have curbed demand…
The Colombian peso slumped to its lowest level in three months at the close of business trading on Tuesday, amid fears the Greece crisis could spread further afield, reports Terra.com. The…