Tag

The persistence of fiscal imbalances motivated the downgrade of Colombia's credit rating by S&P.

The emphasis of monetary policy will not only be on reaching a sufficiently contractive level, but on the duration of that stance.

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.<

FDN commits 157,550 million COP to the El Campano Solar Park, a 128.8 MWdc project in Cordoba driving Colombia’s 1,000 MW solar goal by 2030.

Ecopetrol refinances $1.25 billion USD in debt and secures a $1.6 trillion COP subsidy payment from the Colombian government.

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.

The Colombian government announced an increase in the minimum wage for 2025.

The manufacturer announced their backlog has expanded 17.9% Year-Over-Year to a Record $651 Million USD

Against the backdrop of the images we have seen, it appears almost churlish to discuss Colombia's investment grade credit rating, however its removal would have more effect on those protesting than most of them could imagine.