Colombian stocks fell Tuesday led by declines in state-controlled utility firms. The IGBC index, considered the benchmark for Colombia, posted a 0.34% decline to close at 15027.20. Shares of state-run…
Colombia President Juan Manuel Santos said Thursday a “forex war” is one of the Colombian economy’s main challenges as the government tries to keep its currency from strengthening too much…
The Colombian central bank moved to dispel the possibility that it could soon impose capital controls to cool off the peso, which has surged this year fueled by foreign investment…
Colombia’s peso fell to its weakest level in three weeks on speculation the central bank will begin buying dollars directly in the market in a bid to ease the local…
Colombian Central Bank President Jose Dario Uribe said Thursday that now would be the ideal time for Colombia to drop the three zeros from it’s currency, the peso. Uribe said…
State-owned oil company Ecopetrol has agreed with Colombia’s finance minister to pay the dividend it owes the state abroad and in dollars, to avoid putting more pressure on the peso,…
Colombia’s peso fell for the first time in six days on speculation the government will take further measures to ease the currency’s world-beating rally after President Juan Manuel Santos called…
Colombia’s economy continues to grow without spawning inflationary pressures, leading the nation’s central bank to expect “with a high degree of confidence” that price increases for this year and 2011…
Colombia’s central bank on Wednesday started purchasing what it said would be at least $20 million daily for the next four months to help ease the rise of its currency,…