Peso falls further
Colombia’s peso weakened 1.7 percent on Tuesday as the U.S. dollar rallied around the world and the local market braced itself for the start of a series of dollar purchases…
Colombia’s peso weakened 1.7 percent on Tuesday as the U.S. dollar rallied around the world and the local market braced itself for the start of a series of dollar purchases…
The Colombian peso weakened Monday after the central bank announced Friday that it will start buying dollars and local government bonds on the currency market. The Colombian peso weakened to…
Colombia’s peso closed trading down 2.56 percent versus the dollar on Tuesday on speculation the government could adopt capital control measures similar to an investment levy announced this week by…
The Colombian peso, which has appreciated 23% so far this year, is too strong and causes problems to exporters, so the government and Central Bank will evaluate measures to mitigate…
Colombian President Alvaro Uribe Saturday asked the country’s Central Bank to come up with measures to stop the appreciation of the peso against the dollar. The expensive peso is hurting…
The Colombian peso strengthened to levels not seen since August 2008 as the dollar is weakening against all the world’s main currencies. The Colombian peso appreciated to 1,858 to the…
The Colombian peso strengthened Friday as local and foreign investors bought the currency on increased confidence in the country’s economy. The peso strengthened to COP1,919.4 to the dollar from COP1,929…
The Colombian benchmark IGBC stock index Thursday fell, following stocks in New York. The IGBC stock index fell 0.9%, to 11,153.52 points. The index is up 48% so far this…
The Colombian peso Tuesday appreciated to its strongest level in 13 months as investors showed more appetite for the country’s assets. The Colombian peso ended at 1,920.50 to the U.S.…