Colombia’s peso climbs as global stocks rally
Colombia’s peso climbed the most in a month as gains in global equity markets fueled demand for higher-yielding, emerging-market assets. The currency rose 1.1% to 1,980.59 per dollar at 10:40…
Colombia’s peso climbed the most in a month as gains in global equity markets fueled demand for higher-yielding, emerging-market assets. The currency rose 1.1% to 1,980.59 per dollar at 10:40…
Codensa, the Colombian power distribution company operated by Spanish energy giant Endesa SA, will sell as much as 600 billion Colombian pesos ($299 million) in bonds in the local market,…
Colombia’s peso bonds fell, pushing yields to a four-month high, on concern dry weather will fuel inflation as food prices rise. The yield on Colombia’s 11% benchmark bonds due in…
Police seized an estimated 2 billion pesos (approximately $1 million) hidden in the walls and beneath the bathroom floor in an apartment in northern Bogota, WRadio reported Tuesday. Police raided…
Sales of Colombian cut flowers are expected to fall in the United States this year due to a reduction in the country’s consumer spending, changing climate patterns and an increase…
Colombia’s peso bonds fell, pushing yields higher for a second day, on speculation the central bank will raise rates in the first half of the year to ease inflation. The…
Colombia’s peso will outperform “regional peers” as the nation’s economy grows more than analysts on average estimate, according to Morgan Stanley. “From a valuation perspective, the Colombian peso’s relative underperformance…
Colombia’s peso bonds fell, pushing yields higher for a second day, on bets inflation will quicken this year as dry weather pushes food prices higher and the economy recovers from…
Colombia’s peso bonds rose, pushing yields to a one-week low, and the peso gained after the government said it would reduce spending this year to contain a widening budget deficit.…