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Colombian Peso Steadies as New Government Faces Fiscal Test
['Isabel Rojas']
The Rio Times
The Colombian peso holds near 3,157 per dollar as President Abelardo de la Espriella takes office with a 7.8% deficit to tackle.
Where the Colombian Peso StandsThe Colombian peso’s official TRM sits at 3,157.43 per US dollar for August 8–10.
He publicly cited a fiscal deficit of 7.8% of GDP.
He took office amid a fiscal deficit of 7.8% of GDP.
How large is Colombia’s fiscal deficit?