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Colombia raises interest rates 25 basis points to 3.75% to battle percolating inflation in the...

Colombia raises interest rates 25 basis points to 3.75% to battle percolating inflation in the Andes, and announces it may increase FX intervention to keep the peso's rise (11% Y/Y vs. the dollar) in check. The Colombian shares ETF, GXG +30.2% over the last year.
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Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    great ..I just brought some money down here...I live in Colombia
    29 Apr 2011, 04:04 PM Reply Like
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