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View Full Version : Colombia Peso Drops on Size of Rate Cut; Argentine Peso Falls - Bloomberg



NewsWhore
03-02-2009, 11:00 AM
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Colombia Peso Drops on Size of Rate Cut; Argentine Peso Falls (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da.ncfbV8Q_Zk%26refer%3Dnews&cid=0&ei=IfWrSdHMK4TFmQfXjt3rAw&usg=AFQjCNHi770xNOdnSTeXCO3Md2pPWT7Yrg)
Bloomberg
The currency on Feb. 24 touched 2610, its lowest level since June 2006. The peso has plunged 13 percent this year, the biggest drop among the six- most traded currencies in Latin America. The yield on Colombia’s 11 percent bonds due in July 2020 rose ...


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