Does the dollar drop in Colombia more than it should?, what would be the ‘fair’ price and when would it return to that level?
The Colombian peso is strengthening and the dollar is trading around $3,350, below market analysts’ expectations.
The Colombian peso is strengthening and the dollar is trading around $3,350, below market analysts’ expectations.
June inflation is the highest since July 2024. Experts estimate that this increase will force the Issuer to keep its rate high.
Analysis warns that the change of administration emerging from the presidential elections could mark a turning point for the oil company.
In May 2025, inflation was 5.05 percent, while in April of this year it stood at 5.68 percent.
Persistence of inflation and deterioration of expectations would lead to a 75 basis point hike in the Issuer’s interest rate, bringing it to 12%.