@futuroexpat
American looking for information about Colombia
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118 posts
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American
Registration: 23 June 2022
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A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
Even more amazing what Petro has accomplished when congress will not even pass a budget to fund national goals for all of Colombia. But that will boomerang back on the party that would not pass a national budget. Your argument on Argentina is based ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@mtbe ... You should not mention Milei and Petro in the same post. Milei is destroying Argentina's economy. BUENOS AIRES, Dec 12 (Reuters) - Argentina's economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@jstrain ... I agree. The Economist has a track record of independent journalism having started publication in 1843! Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
Petro is leading Colombia in the right direction. Colombia ranks as the sixth-best economy among member countries of the Organization for Economic Co-operation and Development (OECD) in 2024, according to a ranking by the British magazine The ... Read More
A Check on Petro's Economy Two Years In by futuroexpat
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ...
@ChineduOpara ... the IPC (index of consumer prices) in August 2024 registered 0% change from July 2024, zero inflation. That does not mean there is zero annual inflation in Colombia, just that things didn't change last month. You can confirm this ... Read More
A Check on Petro's Economy Two Years In
OK, we are two years in with the government of Gustavo Petro. All the "nattering nebobs of negativism" have been proven wrong. The Colombian economy is strong, one of the best in all Latin America. DANE just today released the data:Construction and ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
I just checked and the exchange rate is COP$4091, down 60 pesos from the COP$4151 of June 21, which indicates a strengthening of the COP.So, if you want to blame "Petro's policies" which are really reforms and laws approved by Congress, then how do ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
Of 140 currencies in the world in 2023 the COP has been strongest against the USD. The appreciation of the Colombian peso against the USD contributed to generating less pressure on imported products that are part of the family basket ("canasta ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@Lpdiver ... I used the date the thread began and today's date. Neither one is "cherry-picked" ... The first date was chosen by ccmedia, not by me. Today's date is today's date, the date that has to be chosen to determine devaluation of the US ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@OsageArcher ... Would you mind sharing the currency depreciation formula you used to arrive at 23.4% instead of 30.6% ? If I am in error I don't want to repeat the same mistake.P.S. Regarding your reference to "long-term" ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@cccmedia ... Thank you for keeping us on track. I presented some hard data on Banco de la República lowering interest rates. A strong COP is the sign of a well-managed economy. When the COP is strong, it reflects good management and ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@Lpdiver says "It's called credit..."mbte says: "I guarantee that 98% of the people who live here have never been to the two closest malls."Since allegedly 98% of Colombians (according to sources on this forum) are living an economic nightmare, it ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
"people are living the nightmare"Yes, let's keep it real. The parking lots at shopping centers are so full people have trouble finding a parking spot, people have to wait in lines to get into Crepes and Waffles, and so many people own cars (and ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
As far as the economy affecting "the locals" here is a fact: Inflation has been coming down in Colombia for 8 consecutive months, even after taking into account the tax on ultraprocessed foods, even after taking into account gasoline prices and ... Read More
The US Dollar Vs. The Colombian Peso ............. Who's Up? Who's Down? by cccmedia
Weekly close a record.For the first time ever, the exchange closed forthe week with the U.S. Dollar above 5000 Pesos.The closing value for the week endedNovember 4, 2022, is 5092 Pesos to the Dollar.Source... xe.com USD-COP charting
@mtbe ... Petro's proposals are not just "being worked on" ... they were debated for four months and are now moving forward for the change Petro promised.After 4 months of debates the Congress voted to move forward Petro's proposals for health ... Read More