Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Colombia Peso Drops as U.S. Economic Slowdown Damps Risk Demand

Colombia’s peso depreciated the most in a week as a report showing the U.S. economy unexpectedly contracted reduced demand for higher-yielding assets.

The peso weakened 0.2 percent to 1,777.35 per dollar at the close in Bogota, pushing this month’s decline to 0.6 percent. It fell in line with five of the six most-actively traded Latin American currencies tracked by Bloomberg.

“The bad data from the U.S. created some risk aversion, and the market turned to the dollar for refuge,” said Eduardo Bolanos, an analyst at Asesores en Valores SA brokerage in Bogota.

Gross domestic product in the U.S. dropped at a 0.1 percent annual rate in the fourth quarter, Commerce Department data showed today. The median forecast of 83 economists surveyed by Bloomberg called for a 1.1 percent gain in growth.

Yields on Colombia’s 10 percent peso-denominated debt due in 2024 rose two basis points, or 0.02 percentage point, to 5.28 percent, according to the central bank. The price fell 0.229 centavo to 139.808 centavos per peso.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.