Tag

The Peso was badly hit during the holiday period dropping 4.87% to over 5,000 once again...

Looking back on the week several data points were published; none of which were particularly positive.

Ironically despite the stubborn inflation, the Central Bank at this Friday's meeting will not be increasing rates.

Citigroup said in a statement that the confusion sends the wrong message and challenges board independence.

Perhaps the biggest concern is the perception of mixed messages between President Petro and Finance Minister Ocampo.

A Colombian government delegation was in Washington this week meeting with IMF, World Bank and US officials.

The Peso closed Friday at $4622 close to record lows after Thursday President Petro made mention of taxing "hot money."

Emerging market central banks may have acted faster than those of the developed world, but it doesn't mean they have done enough.

The big question on most investors' lips is 'Does Colombia have inflation under control?'

Services exports reached $7.641 billion, 30.9% higher than in 2020.