Colombia peso back on the rise, dollar predicted to sink below COP2400
In sync with rising oil prices, Colombia’s peso has gradually regained value against the US dollar that could sink below COP2,400 in the coming days.
In sync with rising oil prices, Colombia’s peso has gradually regained value against the US dollar that could sink below COP2,400 in the coming days.
Following OPEC’s decision to maintain oil production at 30 million barrels per day (BPD), stock prices of oil companies operating in Colombia dropped.
Colombia’s gasoline prices will increase due to changes in international fuel prices caused by the current crisis in Iraq. Colombia’s mining ministry announced that the state-imposed price increase would be $0.082…
The value of crude oil has risen nearly 4% in the last month due to the crisis in Iraq, which has helped cushion Colombia’s economy from a current decline in…