Colombia Peso Rebound Seen on Dollar Buying End

Colombia Peso Rebound Seen on Dollar Buying End

Meridith Kohut/Bloomberg

The peso appreciated 16 percent in the three years through the end of 2012, the best performance among the 24 emerging-market currencies tracked by Bloomberg, as army victories over guerrillas opened up swaths of countryside to overseas investment in mining and oil and bolstered consumer confidence.