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||6.80||0.0 %||Jan 21|
|Exchange Rate||3,127||-0.17 %||Jan 21|
|Stock Market||11,674||-0.66 %||Jan 21|
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January 18, 2019
According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 18 January, the industrial sector lost some pace, with the year-on-year pace of expansion moderating to 4.7% in November, down from 5.4% in October.
January 16, 2019
The Fedesarrollo consumer confidence index improved in December, rising to minus 8.3 points from minus 19.6 points in November.
January 5, 2019
According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.30% over the previous month in December, after a 0.12% month-on-month increase in November.
January 3, 2019
According to the National Department of Administrative Statistics (DANE), export growth moderated in November.
January 2, 2019
Colombia’s manufacturing sector expanded at broadly the same pace in December as it did in November.