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The peso sits near $3,200COP, but Bancolombia’s model pegs fair value at $3,720 COP — and sees it drifting back by 2027.

A stronger dollar and a 21% oil slump battered peers, yet Colombia's currency broke ranks. Bancolombia explains why - and where it goes next.

From commodity cushion to pandemic ceiling, twenty years of borrowing data redraw the boundaries of Colombian fiscal policy.

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 m/o/m decline of 0.3% points to a gradual slowdown in the Colombian economy.

Finance Colombia arranged a meeting with key analysts with Standard & Poor to understand how this might play out for LATAM and Avianca, the two full service carriers that operate domestic routes in Colombia.

Despite a major oil spill and below-target production, Ecopetrol reported its best quarterly results in four years amid higher oil prices.

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.

The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.

With oil prices jumping on supply disruptions in Iran and Europe, the Colombian currency reached 2,902 pesos to the dollar.