Colombia’s Central Bank doubles dollar purchases, lifts rates to 4%
Colombia’s central bank is to double US dollar purchases to control an appreciating peso,...
Tag: Economic growth
Colombia govt. looking to issue 100-year bonds to finance debt: minister
The Colombian government is looking to issue bonds with a 100-year duration, capitalizing on...
Colombia GDP growth could be doubled with peace: report
Without the armed conflict, Colombia’s economic growth could have been 8.7% instead of 4.3%,...
Colombia’s Central Bank hikes rates again as economic growth gains momentum
Despite back-to-back interest rate hikes by Colombia’s central bank, economic growth is accelerating with inflation within targets, reported US news service Bloomberg. The board of Colombia’s central bank, Banco de la...
Good policy key to Colombia’s strong economic performance: IMF board
The Executive Board of the International Monetary Fund (IMF) have said Colombia has maintained a...
Mixed results for Colombia’s manufacturing sector
Figures released by Colombia’s office for national statistics on Monday showed an overall...
Colombia’s Bancolombia is most profitable bank in 2012 3rd quarter
One of Colombia’s biggest banks, Bancolombia, is leading the market in earnings in the third quarter of this year, reporting profits of $237.8 million. The reported numbers mean that Bancolombia has earned 2.3% more than...
Colombia falls one place in world bank rankings
Colombia has dropped one place in it’s “Doing Business” ranking out of a total of 183 Countries, now settling behind Chile and Peru, according to the World Bank. The Doing Business average, compiled by the...
Projections on Colombia’s economic growth fall
Projections for economic growth in Colombia have been downgraded from 4.7% to 4.3% for the remainder of 2012 and 2013, according to El Espectador. A report from the International Monetary Fund (IMF) stated that after a full...
IMF says Colombia’s economic growth in 2011 will be 5%
The International Monetary Fund raises Colombia’s growth forecast for the economy to 5% from a previous 4.6%, business newspaper Portafolio reported Friday. In addition, the Gross Domestic Product (GDP) of the Colombia is...
Foreign investors ‘interested in buying Colombian debt’
Colombia’s finance minister announced Wednesday that there is optimism among foreign investors after Colombia’s economy showed a strong first quarter, reported news site El Pais. Following trips to London and three major U.S....
