In a combination of moves by the Uribe Administration and international currency traders, the dollar began to strengthen yesterday versus many of the World´s currencies including the Colombian peso. The central bank in Bogota announced late last week that they would start buying dollars on the currency market in an effort to stop the Colombian [...]
Posts Tagged ‘bogota real estate’
Exchange Rates and Bogota Real Estate
How the exchange rate effects your Bogota real estate investment.
s the world economy was on the brink of collapse earlier this year, many world governments and large institutional investors sold off their investments in equities and other high risk financial instruments and flocked to what was at the time the world’s safest investment, U.S. Government-backed [...]
Bogota, COLOMBIA