Colombia

Number 1-2009

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News
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Colombia (1) -- News -- 2009

Colombian Pacific to become a surfers paradise

24.10.2009

Colombia's Pacific coast is as synonymous with exquisite wildlife and fascinating culture as it is with bloody armed conflict. Now, avid wave lovers are hoping to turn the region into Colombia's top surfing destination, with good reason.

Beginning***America


Colombia (1) -- Analyses -- 2009

Colombia Bank Maintains Rate, Plans Liquidity Moves

24.10.2009

Colombia’s central bank kept its benchmark interest rate unchanged at a record low and said it will inject liquidity into markets by buying dollars and bonds. The seven-member board, led by bank chief Jose Dario Uribe, held the interbank rate at 4 percent after a surprise cut last month, matching the median estimate of 28 economists surveyed by Bloomberg. The bank will spend as much as 3 trillion pesos ($1.56 billion) to buy U.S. dollars and government peso bonds. The daily amount of dollar purchases wasn’t set.

Beginning***America

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