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Colombian Peso

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Colombian Peso
The currency of Colombia. Instituted in 1837, it was pegged to the U.S. dollar for a time. Since 1955, however, the peso has floated. It has gradually deteriorated in value since.


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For investors who hold their shares in Brazilian reals or Colombian pesos, that's an extra double-digit gain on top of roaring stock markets, largely driven by massive amounts of raw materials exporting, rising foreign trade, and domestic economic health.
Recent appreciation of the Colombian peso against the U.
The author notes that as a result of the weakening Colombian peso, drug market expenditure in US dollar terms will experience a decline in 2009, to US$2.
 
 
 
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