Colombian peso strengthens against dollar
The Colombian peso strengthened to COP1,992.90 against the dollar on Monday, from COP1,997 at Friday’s close, ahead of this week’s central bank meeting. Most traders and analysts expect the bank’s…
The Colombian peso strengthened to COP1,992.90 against the dollar on Monday, from COP1,997 at Friday’s close, ahead of this week’s central bank meeting. Most traders and analysts expect the bank’s…
Colombian state-run oil company Ecopetrol has set an output target of 600,000 barrels a day (bpd) of crude and gas and will invest around US$6.92 billion next year, the company…
Colombia’s benchmark IGBC stock index fell 0.58% to 11,478.70 points Thursday, driven lower by a 0.97% fall in state-controlled oil company Ecopetrol. “The market opened higher, following the U.S., then…
The Colombian peso fell 0.8% to 2,017.30 per dollar at 10:05AM EST, from 2,001.13 yesterday. Earlier it touched 2,021.65, its weakest level since November 3. Colombia’s peso slid to the…
The Colombian peso on Monday strengthened to COP2001.10 against the dollar, from COP2006.25 at Friday’s close, following news on U.S. interest rates. Federal Reserve Chairman Ben Bermanke reaffirmed plans to keep…
The Colombian Central Bank’s influence on the peso exchange rate is limited because of the power of international capital funds, Juan Jose Echavarria, one of the seven members of the…
Colombia’s peso slipped against the U.S. dollar on Tuesday following an unexpected interest-rate cut by the Colombian central bank late Monday. The rate was cut to 3.5% from 4%, and…
The Colombian peso strengthened on Thursday for the first day in six following other currencies such as the Brazilian real, which appreciated as the bullish growth data in the U.S.…
The Colombian peso depreciated to close at its weakest level since September 3 as the country’s Central Bank suspended a program of auctions designed to limit the currency volatility. The…