Colombia's peso surged nearly 2% on July 2, hitting 3,360 per dollar after a weak US jobs report. COLCAP barely moved, up just 0.01% to 2,260.
Key Facts
The COLCAP was essentially flat on July 2, edging up 0.01 percent to about 2,260. The stock market barely moved on the day.
The peso was the real mover, strengthening sharply as the dollar fell toward 3,360 pesos.
That was a gain of roughly 2 percent for the peso in a single day, by The Rio Times’ calculation.
A weak US jobs report drove the dollar lower worldwide.
The COLCAP rose 0.15% on Wednesday, buoyed by steady oil, while the peso weakened 0.21% to 3,211 per dollar. Full wrap and…
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Colombia's COLCAP index rose 1.64% to 2,342 on Thursday, lifted by oil strength. The peso firmed to 3,201 per dollar.
Colombia's COLCAP gained 0.65% to 2,307.67 on Monday, while the peso firmed to a 52-week low against the dollar, as oil-led risk…
The COLCAP rose 0.94% to 2,372 as July inflation slowed sharply to 6.03%, boosting bets the central bank may soon ease.
Colombia's COLCAP index fell 1.26% and the peso strengthened against the dollar on Wednesday. Weak oil prices anchored the…
