Colombia’s President Juan Manuel Santos and his Venezuelan counterpart, Nicolas Maduro, have agreed to create a new exchange rate in order to combat illegal contraband trafficking across the border, national media…
The Colombian peso weakened to COP2,020 against the dollar on Thursday, from COP2003.80 at Wednesday’s close, as the dollar firmed against its major rivals. The Colombian central bank’s announcement in…
Colombia’s benchmark IGBC stock index rose 0.78% on Wednesday to another all-time high of 11,683.43 points. The rally is being driven by low interest rates, higher world markets and local…
The Colombian peso fell 0.8% to 2,017.30 per dollar at 10:05AM EST, from 2,001.13 yesterday. Earlier it touched 2,021.65, its weakest level since November 3. Colombia’s peso slid to the…