Colombian Peso Surges to Three-Month Highs Against Dollar – May 28 Evening Wrap
The Colombian peso closed May 28, 2025, with significant strength against the US dollar, with the official exchange rate
May 29, 2025Section
Colombia News in English
Colombia news in English from The Rio Times — Bogotá politics, economy, peace process and culture.
Colombian Equities Retreat from Highs as Financial Sector Weighs on Benchmark
Colombia's benchmark COLCAP index declined 0.72% on Tuesday, closing lower despite maintaining impressive year-to-date
May 28, 2025
Binational Economic Zone Gains Momentum as Colombia and Venezuela Align Policies Rationale
Authorities from Colombia and Venezuela advanced plans for a binational economic zone along their 2,200-kilometer border
May 28, 2025
Colombia’s Cali Commits Historic $3.5 Billion to Tackle Poverty, Upgrade Failing Urban Systems
Cali, Colombia’s third-largest city, has committed $3.5 billion to its largest-ever infrastructure initiative, targeting 32 projects
May 27, 2025
Colmbia’s Petro Targets $5.4 Billion in New Taxes After $201 Billion Debt Reveals
Colombian President Gustavo Petro’s push to tax dividends, inheritances, and international remittances has collided with congressional
May 26, 2025
Colombian Stocks Fall 0.50% as Banking Sector Drags Market Lower
Colombian equities declined Thursday as the COLCAP index dropped 0.50% to 1,641.31 points. The retreat followed Wednesday's steeper 0.79% decline...
May 23, 2025
Colombian Peso Stabilizes Near 4,175 as Dollar Weakens on Credit Concerns
Trading data from TradingView shows the Colombian peso held steady against the dollar on May 22 with USD/COP closing. Analysis...
May 23, 2025
Colombia Faces Worst Fiscal Crisis in Two Decades as Deficit Hits 6.8% of GDP
Colombia's fiscal situation deteriorated dramatically in 2024, with the government deficit reaching 6.8% of GDP according to the Ministry of...
May 22, 2025
U.S. Remittance Tax Exposes Colombia’s Economic Vulnerability Amid China Pivot
Colombia's growing dependence on remittances from the United States faces a serious threat as President Gustavo Petro. Analysis from The...
May 22, 2025