Colombia Headlines

EMERGING MARKETS-Colombia peso sinks for 2nd day; miners support Brazil bourse

The Colombian peso sold off for a second consecutive day on Tuesday as oil prices fell further, although other Latin American currencies moved up as markets recovered part of recent losses. In Brazil, shares of mining and steel companies drove the benchmark Bovespa index higher while the real erased early losses to gain 0.4 percent, in a move largely seen by analysts as a technical rebound. The real and the Mexican peso are "correcting from previous wea

Colombia central bank seen holding interest rate at 4.5 pct

Colombia's central bank board is expected to hold the country's interest rate unchanged for a fourth straight month at its rate-setting meeting on Friday amid a weak global economic scenario that has cut the Andean country's key earnings from oil exports.

EMERGING MARKETS-Colombian peso, Mexican stocks skyrocket on Fed, oil

Colombia's peso closed sharply stronger on Thursday while Mexican stocks posted their biggest gain in over four years as more stable oil prices and reassuring comments by the U.S. Federal Reserve stoked risk appetite. Other Latin American currencies also strengthened after the Fed offered an upbeat assessment of the U.S. economy on Wednesday, helping offse

EMERGING MARKETS-Colombian peso skyrockets on higher oil prices, Fed

Colombia's peso soared on Thursday after the price of oil, the country's main export, extended a rebound from five-year lows. Other Latin American currencies followed suit as an upbeat assessment of the U.S. economy by the Federal Reserve on Wednesday helped offset mounting concerns over the recent decline in oil prices and a potential financial crisis in Russia. Colombia's peso posted its biggest intraday gain in nearly four years, strengthening to 2,324 pe

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