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View Full Version : Colombia's Peso Declines as Central Bank Extends Dollar Purchase Program - Bloomberg



NewsWhore
02-25-2011, 06:50 PM
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Colombia&#39;s Peso Declines as Central Bank Extends Dollar Purchase Program (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFglc44hZ4pUNqyyY8Apk3lHTeFzw&url=http://www.bloomberg.com/news/2011-02-25/colombia-s-peso-declines-as-central-bank-extends-dollar-purchase-program.html)
Bloomberg
â??It would&#39;ve been a different story if the central bank didn&#39;t extend them, as higher rates imply strengthening pressure on the currency.â?? Banco de la Republica will buy a minimum of $20 million daily in the spot market until â??at leastâ?? June 17, ...

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