Central bank intervention has helped keep Colombia’s currency from getting too strong against the dollar, but divine intervention — in the form of torrential rainfalls — clearly deserves some of…
Colombia’s central bank is maintaining its inflation outlook, warning consumer prices could accelerate in the coming months but are likely to slow in the second half of the year. Jose…
Colombia’s inflation rate is expected to be 0.88 percent in January versus 0.69 percent recorded in the same month a year ago, according to a central bank poll of analysts…
According to a report by the Banco de la Republica, Colombia’s international reserves reached $28.4 billion in 2010, reports Colombian newspaper El Pais. This figure, which represent the amount…
Colombia’s consumer prices rose 0.65 percent in December, bringing full-year 2010 inflation to 3.17 percent, higher than market expectations, the government’s DANE statistics agency says. Inflation for 2010 was within…
Colombia’s peso bonds on Tuesday fell, causing yields to increase the most in two weeks, as concern mounted about a pickup in November inflation. The yield on benchmark 11 percent…
Strong rains flooding agricultural land and washing away roads in Colombia will increase inflation but not so much as change consumer price targets, officials said on Monday. Bad weather has…
Colombia’s peso bonds fell, pushing yields to a four-month high, on speculation heavier-than-normal rains will fuel an inflation pick-up by damaging crops and driving up food prices. The bonds also…
Colombian Central Bank President Jose Dario Uribe said Thursday that now would be the ideal time for Colombia to drop the three zeros from it’s currency, the peso. Uribe said…