Colombian coffee prices at near record high
The price of Colombian smooth arabica coffee closed Friday at $3.2293 per pound, its highest price for 34 years according to the International Coffee Organization (ICO), Portafolio reported Monday. This…
The price of Colombian smooth arabica coffee closed Friday at $3.2293 per pound, its highest price for 34 years according to the International Coffee Organization (ICO), Portafolio reported Monday. This…
The Colombian peso reached a high of 1,780.27 to the U.S. dollar in New York on Wendesday, its highest level since August 2008, Bloomberg reported. Much of the peso’s rise…
Colombian stocks surged Wednesday, fueled by gains in oil and financial shares, while the peso strengthened against the dollar. The IGBC index, the benchmark for Colombian stocks, rose 2.06% to…
Colombia’s central bank purchased $1.24 billion in the first quarter of 2011, Caracol Radio reported Monday. In an effort to influence the exchange rate, Colombia’s central bank purchased $400 million in…
The Colombian peso nudged a slight gain against the dollar Monday, extending a trend that has seen the Colombian currency strengthen against the dollar in recent days. The peso closed…
Colombia’s peso strengthened to a multi-month high against the dollar for a fourth day Wednesday as investors cheered the possibility that a free trade deal between Colombia and the U.S.…
Colombian stocks declined Tuesday, pressured lower by drops in oil stocks, while the peso appreciated against the dollar. The IGBC index, the benchmark for the country, declined 0.28% to close…
Colombian stocks moved lower Wednesday and are now down 6% so far in 2011 as the commodities-heavy exchange suffers from worries over the effects of China’s interest-rate hike. The IGBC…
Colombia’s central bank purchased $400 million in January, in line with its policy of soaking up dollars from the currency market in a bid to halt the peso’s surge, the…