Trump, Colombia and Petro
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(Bloomberg) -- For much of Gustavo Petro’s time in office, Colombia’s interest rates have been so high that foreign investors tolerated the sporadic bouts of political tumult that would have normally scared them off. The nation’s currency — the ...
Colombian dollar bonds fell Wednesday after the Senate approved a bill that increases central government transfers to regions, stoking concern over the country’s already fragile fiscal outlook. Notes maturing in 2053 slid 0.7 cents to 102.8 cents on the ...
Latin American currencies rose on Friday, led by gains in the Colombian peso as investors awaited the central bank's final meeting of the year, where it is expected to keep interest rates unchanged. The peso gained nearly 1% against the dollar.
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(Bloomberg) -- The dollar began the week with modest gains after a brief threat of US tariffs on Colombia made clear the trade risk that still hangs over the currency market. President Donald Trump threatened to place new tariffs on the Latin American ...
BOGOTA, March 21 (Reuters) - Colombia's central bank is widely expected to leave its benchmark interest rate unchanged on Friday after strong GDP data this week showed low borrowing costs were helping the economy gain momentum without stirring still-low ...
President-elect Donald Trump's plan to impose sweeping tariffs on Mexico sank the country's peso currency, but also translated into modest weakness for other currencies in the region on Tuesday. The dollar soared 2.3% versus the Mexican unit, but was also ...