Colombia could face rising inflation after rate cut
Morgan Stanley warned Tuesday that Colombia’s surprise interest rate cut could lead to problems with inflation later in the year, Bloomberg reports. “The central bank’s decision to cut rates may…
Morgan Stanley warned Tuesday that Colombia’s surprise interest rate cut could lead to problems with inflation later in the year, Bloomberg reports. “The central bank’s decision to cut rates may…
The Colombian peso defied the Central Bank’s efforts to stem its appreciation, rising to a 5-month high on Monday. The peso reached a peak of COP1,886.6 to the dollar, its…
Colombia’s peso will outperform “regional peers” as the nation’s economy grows more than analysts on average estimate, according to Morgan Stanley. “From a valuation perspective, the Colombian peso’s relative underperformance…