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Bancolombia projects an April range of $3,625 COP for the peso following a 2.1% March gain and Brent crude’s rise to $118 USD per barrel.<

The Colombian peso appreciated despite falling oil prices and the global stability of the US dollar.

Looking ahead, Bancolombia projects the USD/COP exchange rate to trade between $4,000 COP and $4,200 COP over the next month.

Tecnoglass' Q2 results demonstrate outstanding financial performance and a clear strategy for growth in the US market.

The suspension is due to the lack of a credible fiscal plan under Colombia's current presidential administration.

Bank of America's analysis underscores significant fiscal challenges in Colombia, leading to a recommendation against investment in the country's assets.

The company's full-year revenues increased by 6.8%, reaching $890.2 million USD, attributed to organic growth, geographic expansion, and entry into the vinyl market.

Both water and energy are in short supply — and suddenly it needs to be the government's fault.

The potential for wider conflict won't be a question for today, but thus far, the currency reaction appears calmer than expected.

The highlight of the week was clearly the 0.45% inflation print for December — which dragged the full-year figure or 2023 to 9.28%, below the 9.45% expected.