Stock market falls on Ecopetrol; peso appreciates
The Colombian benchmark IGBC stock index fell Monday, dragged down by the price of shares of state-controlled oil company Ecopetrol SA. The IGBC stock index fell 0.6% to end at…
The Colombian benchmark IGBC stock index fell Monday, dragged down by the price of shares of state-controlled oil company Ecopetrol SA. The IGBC stock index fell 0.6% to end at…
The Colombian peso strengthened to its highest level since August 2008 on investors’ renewed risk appetite. The peso Friday closed at 1,949.56 Colombian pesos to the dollar from COP1,965 Thursday.…
The Colombian central bank’s monthly survey of inflation expectations shows analysts expect the inflation rate for the full-year 2009 to be 3.40%, down from 3.56% expected a month ago. The…
The Colombian IGBC stock index fell Wednesday, dragged down by shares of state-controlled power company Isagen SA as the government delayed the sale of its controlling stake in the company.…
The Colombian Central Bank didn’t intervene on the foreign exchange market in August, the monetary authority said in a statement Monday. In the first eight months of the year, the…
The Colombian peso closed stronger Wednesday as local investors became more confident after the stock market in the U.S. didn’t fall as much as some had expected. The peso closed…
The Colombian government does not plan to intervene in the currency market, Finance Minister Oscar Ivan Zuluaga Tuesday told reporters Tuesday. The peso weakened 2.8% since last Wednesday to 2,045.5…
The Colombian peso weakened 1.2% on Thursday amid renewed fears that Venezuela may shut down trade with Colombia. The Colombian peso ended at 2,011.50 to the dollar from COP1,988.60 on…