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, which is damaging exports, reported local media.
Colombia’s central bank is to double US dollar purchases to control an appreciating peso, which is damaging exports, reported local media.
The Colombian peso has dropped to a three-month low due to European economic uncertainty, reports Businessweek. Concerns that Greece’s debt crisis could spread to other indebted nations have curbed demand…
Colombia’s Central Bank dropped the interest rate from 3.5% to a new record low base rate of 3%, reports El Espectador. The rate had been set at 3.5% – then…