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//Economy
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Colombian Central Bank Holds Steady as Unemployment Falls Further

For national unemployment, it is the lowest August since 2016. And for urban unemployment, it is the lowest August — EVER!
Posted On September 30, 2023
, By Rupert Stebbings
Banco de la Republica, the central bank of Colombia, in Bogotá.
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The Rate Cut Conundrum Facing Colombia’s Central Bank

Colombia's Finance Ministry and the National Business Association of Colombia (ANDI) have spent weeks and months asking for rate cuts. Will they get what they want?
Posted On September 26, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Another Week in Colombia with a Mixed Bag of Economic Headlines

While we're seeing many headlines about the Colombian peso being the global top performer in 2023, this is mostly due to the sell off in the fourth quarter last year.
Posted On September 23, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Peso Strengthens as Colombia Keeps Rambling On

The Colombian peso moved towards 3,900 to the US dollar — and there appears little to suggest it will move it back towards the 4,200 level given current oil prices.
Posted On September 15, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Unlikely Bedfellows Band Together to Call for Interest Rate Cuts in Colombia

ANDI) and the Ministerio de Hacienda moved together on this plea — in what is hopefully the start of a more harmonious relationship.
Posted On September 8, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: A Market For Everybody

As we could see from the BVC's Twitter account, the Asobolsa event in Cartagena was a day of soundbites and few ideas or solutions.
Posted On September 2, 2023
, By Rupert Stebbings
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More than 10 Million Colombians Continue to Work in the Informal Economy

Many Colombians who — even after working tirelessly day after day — do not know what it is like to enjoy a pension, salary, paid vacation, or being eligible for a loan.
Posted On August 25, 2023
, By Melissa Murialdo
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Colombia Making Progress in Fight Against Extreme Poverty but Still Lags Behind Latin American Peers

Colombia has the fourth highest percentage of people living in conditions of extreme poverty among Latin American countries studied by ECLAC.
Posted On August 14, 2023
, By Melissa Murialdo
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Candidates to Become Bogotá’s Next Mayor Are All Queueing Up to Fail

In an unwieldy city without the resources to set itself on the right path, the candidates for Bogotá mayor are all destined to fail — just as others have been before.
Posted On August 14, 2023
, By Rupert Stebbings
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Colombian Trade with Venezuela Has Picked Up Since the Border Reopened

The border reopening for ground transportation in Norte de Santander helped increase total trade value to $143.8 million USD in a nine-month period.
Posted On August 13, 2023
, By Juan Guevara
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