Peso weakens after central bank intervention
The Colombian peso weakened Monday after the central bank announced Friday that it will start buying dollars and local government bonds on the currency market. The Colombian peso weakened to…
The Colombian peso weakened Monday after the central bank announced Friday that it will start buying dollars and local government bonds on the currency market. The Colombian peso weakened to…
Colombia’s Juan Valdez coffee chain is evaluating slowing down its planned store openings next year as a result of the global financial crisis, a top industry official said on Thursday.…
According to a recent report by the Comptroller General of Colombia, the nation can not meet the necessary conditions to belong to the club of countries that receive the benefits…
Under the framework of World Tourism Day, Colombia’s capital, Bogota, has launched its new Tourist Info Point project – a mobile bus – with the intention of rendering the city…
Colombia’s state oil firm Ecopetrol reported on Wednesday its nonconsolidated net earnings for the third quarter dropped nearly 70 percent compared with a year earlier, mainly on the fall in…
Colombia’s peso closed trading down 2.56 percent versus the dollar on Tuesday on speculation the government could adopt capital control measures similar to an investment levy announced this week by…
The Colombian peso weakened Monday after investors expected the sale of a majority stake in a local power company by Spain’s Gas Natural SA for $1.1 billion will increase demand…
Colombian Finance Minister Oscar Ivan Zuluaga said Monday that he doubts further rate cuts would boost the country’s economy. “I am not that sure that, today, cuts of interest rates…
Brazilian President Lula da Silva announced that an environmental summit will be held for leaders of all nations with territory in the Amazon on November 26 in the Brazilian city…