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Coal, oil, and gas dependence leaves parts of Colombia's regional economy exposed as consumption-led growth cools.

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

While Colombia's jobless rate is low, analysts from Bancolombia say the jobs are vulnerably reliant on public spending, and lower-paying.

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

Colombia’s unemployment rate dropped to 9.2% in February from 10.3% a year earlier, marking the lowest level for the month since 2001.

For national unemployment, it is the lowest August since 2016. And for urban unemployment, it is the lowest August — EVER!

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.

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.

For April, unemployment was 10.7% — down from 11.2% a year ago — and there was a 3.5% increase (785k) in the number of people working year over year

On the markets the Peso had a bumpy week before recovering somewhat by Friday.