Exchange Rate in Colombia
Colombia - Exchange Rate
Peso plunges amid wider emerging markets selloff
On 6 September, the Colombian peso ended the day at 3,086 per USD, weakening 6.4% over the same day in August. The peso has fallen 3.4% on a year-to-date basis and 6.0% from same day last year amid a wider sell-off in emerging markets.
Argentina’s rapidly deteriorating currency crisis has weighed on the Colombian peso and the currencies of other regional players. The ongoing turmoil in the Turkish lira, the intensifying U.S.–China trade war, the U.S. Federal Reserve’s move to tighten monetary policy, and falling oil prices have also spurred a rapid sell-off in emerging market currencies.
Colombian Peso Exchange Rate Forecast
The Met the why particular panel sees the peso regaining some lost ground by the end of the year but remaining relatively weak. Met the why particular analysts see the peso ending 2018 at 2,906 per USD and 2019 at 2,948 per USD.
Colombia - Exchange Rate Data
|Exchange Rate (vs USD)||1,930||2,389||3,175||3,002||2,985|
5 years of economic forecasts for more than 30 economic indicators.
Colombia Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||6.92||0.0 %||Sep 20|
|Exchange Rate||3,006||-0.17 %||Sep 20|
|Stock Market||12,207||-0.66 %||Sep 20|
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September 7, 2018
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in August, contrasting a 0.13% month-on-month drop in July.
September 7, 2018
On 6 September, the Colombian peso ended the day at 3,086 per USD, weakening 6.4% over the same day in August.
September 3, 2018
Colombia’s manufacturing lost some pace in August, with the seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) edging down to 53.3 from July’s 30-month high of 53.5.
August 22, 2018
According to the latest GDP data released by the National Statistical Institute (DANE) on 22 August, the economy accelerated on the back of a rebound in fixed investment and a pick up in private consumption.
August 16, 2018
The Fedesarrollo consumer confidence index came down to 9.8 points in July from June’s over-three-year high of 15.5 points, moving closer to the zero-point threshold separating optimism from pessimism among consumers.