Colombia's Peso Reaches Two-Month High on Interest Rate Outlook

Story date: 2007-10-09 08:13:00
Added on: 2007-10-09 11:00:14

Bloomberg - Oct. 9 (Bloomberg) -- Colombia's peso reached a two-month high amid speculation the difference between the local benchmark lending rate and the Federal Reserve overnight rate may widen. The currency has gained 7.7 percent since the Fed lowered the ...


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