Colombia peso rebounds on surge in oil prices
Friday, April 22, 2016
Following a year-and-a-half decline during which Colombia’s peso lost approximately 40 percent of its value, the currency seems to be recovering and has remained below the COP3000 mark for a week.
The peso had its worst days in mid February when the value of the currency sank to 3,414 against one US dollar.
Source: Colombia Reports