Colombia

We expect the peso to test, if not break through resistance at COP2,200/US$ in H107. While

BMI View: Strong economic data for Q406 has given Colombia's Banco de la Republica (BanRep) some genuine cause for concern. It has decided to continue tightening rates (in order to... 2007-02-09

Over the past six months, the Colombian peso has been one of the top performing currencies in Latin America, appreciating by an impressive 15% since mid-June 2006. The unit was trading... 2007-01-17

BMI View: According to recently-released finance ministry data, Colombia's public external debt load climbed to US$25.1bn in September 2006, which is equivalent to 18.8% of GDP. Total... 2007-01-16

BMI View: Higher-than-expected real GDP growth of 7.7% y-o-y in Q306 goes some way to explain why the Banco Central de la Republica (BanRep) decided to again hike its benchmark rate... 2007-01-15

Relations between Colombia and Ecuador deteriorated in January, as Ecuador's President-elect Rafael Correa publicly criticised the government's anti-drug fumigation program. Correa... 2007-01-04

BMI View: Given Colombia's solid macroeconomic fundamentals and relative political calm, we expect the peso to remain reasonably stable in 2007. That said, a weaker external position... 2006-12-14

The Colombian economy is still firing on all cylinders according to latest figures. Industrial production (excluding coffee output) increased by a robust 14.9% y-o-y, representing... 2006-11-30

Public support for President Alvaro Uribe is on the slide, in the wake of a string of rebel attacks in October. According to a Invamer poll, Uribe's approval rating has fallen 11... 2006-11-30

BMI View: The enactment of a free-trade agreement (FTA) with the US will likely boost bilateral commerce and open up new opportunities for investment in Colombia. This will be no... 2006-11-23