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View Full Version : Colombian Peso Advances to Six-Month High on Rate Outlook, Oil - Bloomberg



NewsWhore
02-24-2012, 10:00 AM
Colombian Peso Advances to Six-Month High on Rate Outlook, Oil (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH2VLUgl0xdW1_VAO8Nv8dnVzaDgg&url=http://www.bloomberg.com/news/2012-02-24/colombian-peso-advances-to-six-month-high-on-rate-outlook-oil.html)
Bloomberg
“Oil is a big part of Colombia's exports, so when it gains not only does it imply stronger inflows but it makes the peso more attractive as a commodity currency,” said Daniel Lozano, an analyst at Serfinco SA brokerage in Bogota.

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