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Economy

Peso drops after world markets sink

by Adriaan Alsema October 22, 2008
1.1K

Colombia’s
peso weakened 2.7 percent to 2,362 per dollar, from 2,299.45
yesterday, according to the Colombian foreign-exchange
electronic transactions system, known as SET-FX. 

The yield on Colombia’s benchmark 11 percent bonds due in
July 2020 rose 38 basis points, or 0.38 percentage point, to
13.1 percent.

The price on Colombia’s futures contract for a
basket of fixed-rate peso bonds for December 2008 delivery fell
0.231 centavo to 90.1 centavos per peso from 90.331 on Oct. 16,
according to Colombia’s stock exchange.

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@2008-2019 - Colombia Reports. All Rights Reserved.
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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion