Colombian peso
Coverage of Colombian peso in the Nexus archive.
- Colombia’s Peso Just Had Its Best Month in a Decade
The Colombian peso gained over seven percent against the dollar in June, marking its largest single-month rise in a decade.
- Colombia’s Stocks Hold Flat as the Peso Surges on Weak US Jobs Data
Colombia's COLCAP stock index remained nearly unchanged, rising 0.01% to 2,260, while the peso gained approximately 2% against the dollar following a weak US jobs report. The dollar fell to around 3,360 pesos as a result of the economic data.
- Colombian Peso Roars Back to a Five-Year High vs Dollar
The Colombian peso reached a five-year high against the dollar, falling to 3,475 pesos per dollar, its lowest since January 2021. The peso is the most-revalued emerging currency over the past year, rising 19.4 percent, reversing its previous status as the worst-performing currency in its group. Strong remittances are cited as a key driver.
- Colombian Peso gains sharply against dollar after right-wing win
The Colombian Peso rose sharply against the U.S. dollar following right-wing candidate Abelardo de la Espriella's lead in the presidential election. De la Espriella, a pro-business supporter of Donald Trump, will face socialist Iván Cepeda in a June 21 runoff. Ecopetrol shares increased 10.13% amid the market reaction.
- Colombia Buys Dollars Ahead of $4 Billion Bond Buyback Plan
Colombia is purchasing dollars ahead of a $4 billion bond buyback plan to address inflation and currency devaluation. The Colombian peso has significantly weakened against the US dollar due to combined international and local economic pressures.