Colombia’s Finance Minister said measures to control the national currency are “being evaluated,” amid concern about the exchange rate, reports financial publication Dinero. Juan Carlos Echeverry said the echange rate of…
The designer of Colombia’s 1,000 peso bill has denied inserting an image of Cuban leader Fidel Castro into the drawing that adorns the currency, reported local media Tuesday. Controversy arose…
It “is possible” that former Cuban President Fidel Castro appears on Colombia’s 1,000 peso bill, said Jose Dario Uribe, the Director of the Central Bank. The bill, which has been…
Colombia’s Finance Minister said the “future is about being competitive,” indicating domestic producers and exporters should accept the pain of a strong peso, reported Reuters. At a meeting of the…
Colombian exporters and producers have asked the government to take additional measures to keep the peso in check against the dollar. Javier Diaz, president of the National Association of Exporters,…
The Colombian peso weakened against the dollar Wednesday closing at 1,765.10 compared to 1,758.50 the day before. According to Bloomberg the drop is due to increased confidence that the United…
Colombia’s National Federation of Coffee Growers asks Colombia’s central bank for help stabilizing coffee prices in the face of a strengthened peso, said Radio Caracol Monday. National Federation of Coffee…
The Colombian peso strengthened against the dollar for the third consecutive day with one dollar closing at 1,762.6 compared to 1,764.5 the day before. According to Dow Jones, the peso´s…
The Colombian peso strengthened against the dollar for the second consecutive day with one dollar closing 1,764.5 compared to 1,769 the day before. The reason for this strong performance is…