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View Full Version : Colombia GDP to Fall 1.1% in 2009, Peso to Drop, Barclays Says - Bloomberg



NewsWhore
03-06-2009, 11:30 AM
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Colombia GDP to Fall 1.1% in 2009, Peso to Drop, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Daj9vCYf5BHHs%26refer%3Dlatin_america&cid=0&ei=SVCxScK6MZGSQ6G6hfsF&usg=AFQjCNHwc3m8cJhAdyHjysNOKOx2wprFZw)
Bloomberg
The currency has declined 11.9 percent since the start of the year. It gained 1 percent today to 2543. “Improvement in the macroeconomic scenario” will allow the peso to close this year at 2700, according to the report.


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