Peso nears three-week high on dollar inflow bets
Colombia’s peso on Tuesday rose, nearing a three-week high, on bets foreign direct investment into oil and mining will boost dollar inflows into the South American country. Colombia’s peso…
Colombia’s peso on Tuesday rose, nearing a three-week high, on bets foreign direct investment into oil and mining will boost dollar inflows into the South American country. Colombia’s peso…
Colombian markets picked up early Monday as European policymakers and the International Monetary Fund pledged €750 billion ($963.28 billion) in aid for heavily indebted countries, reports The Wall Street Journal. European…
The Colombian peso has dropped to a three-month low due to European economic uncertainty, reports Businessweek. Concerns that Greece’s debt crisis could spread to other indebted nations have curbed demand…
President Alvaro Uribe expressed his satisfaction on Thursday at Colombia’s successful issuing of $800m worth of bonds on international markets, reports Caracol Radio. Uribe said that the bond sale’s reception…
The Colombian peso defied the Central Bank’s efforts to stem its appreciation, rising to a 5-month high on Monday. The peso reached a peak of COP1,886.6 to the dollar, its…
The Colombian peso appreciated 0.49% on Thursday against the dollar, closing at COP1917.55. The rise comes despite the government’s attempt to stem its appreciation by purchasing dollars. The peso opened…
The Colombian peso fell 1.66% on Wednesday after the government announced it would buy dollars to readjust the exchange rate, following the peso’s sharp appreciation in recent days. The Colombian…
The Colombian peso weakened to COP1,933.40 against the dollar Wednesday, from COP1,929.95 on Tuesday, after its sharp appreciation last week left it looking overvalued against its main rivals. “If you…
Colombia’s peso climbed to its strongest level in almost four months as local investors sold dollars after European Union announced plans to help Greece with its debt crisis. The currency…