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Colombia’s peso struggles with Wall Street turmoil and oil slump

By The City Paper Staff - April 8, 2025

The Colombian peso slumped amid Wall Street’s sell-off and falling oil prices, but has steadied near COP$4,400 to the USD. The currency remains volatile as global markets rebound on hopes of tariff negotiations.

Colombia at risk of losing Emerging Market status warns JP Morgan

By The City Paper Staff - September 6, 2023

Colombia’s Emerging Market status is at risk as JPMorgan warns of “uncertain political landscape”, triggering a major stock market sell-off. The downturn comes as President Petro faces another deep political scandal involving alleged election interference by convicted drug traffickers.