The Colombian peso dropped 0.5% against the dollar while stocks tracked by the country’s Colcap Index dropped 0.77% Monday as markets worldwide responded to growing concerns over the economic situation…
Colombian stocks were down 1.37% in morning trading Monday, tracking a global sell-off linked to jitters over Spain’s higher borrowing costs. The Colcap index, the benchmark for Colombia’s blue-chip stocks,…
Colombia’s central bank may step up dollar purchases to curb the appreciation of the country’s currency and create a “much higher” level of foreign reserves, President Juan Manuel Santos said…
The Colombian peso fell to a three week low Tuesday as European Union debt concerns made currency investors leave emerging markets. The peso traded for 1,802.77 per dollar on Tuesday, reported…
Colombia’s central bank unveiled five new coins that will begin circulation Wednesday. The upgraded coins, in denominations of 50, 100, 200, 500 and 1,000 pesos, all feature pictures of native…
The Colombian peso weakened sharply against the dollar Wednesday, fueled by a new spate of fears over the European sovereign-debt crisis and a potential Greek exit from the euro zone.…
Colombia’s peso dropped to its lowest value in six months Wednesday morning as concerns over Europe’s sovereign debt crisis grew. The Colombian currency dropped 1.2% against the U.S. dollar in…
The Colombian government has not sold dollars in the market so far in 2012, in an effort to temper gains in the peso, reported Bloomberg Friday. In an e-mailed statement,…
Colombia’s central bank announced it bought $419.9 million in foreign currency during March 2012. The central bank has now bought almost $780 million in foreign currency in 2012 through daily…