(Bloomberg) -- Colombia's peso broke the 1,900-per-
dollar barrier for the first time in more than seven years, on
speculation the central bank will allow the currency to
appreciate while focusing on inflation.
The peso jumped 1.5 percent to 1,896.97 per dollar at 1:03
p.m. in New York. It earlier touched 1,894.1, the strongest
since January 2000. The currency has gained almost 18 percent
this year, the most among 70 currencies tracked by Bloomberg.
Read more at Bloomberg Currencies News
dollar barrier for the first time in more than seven years, on
speculation the central bank will allow the currency to
appreciate while focusing on inflation.
The peso jumped 1.5 percent to 1,896.97 per dollar at 1:03
p.m. in New York. It earlier touched 1,894.1, the strongest
since January 2000. The currency has gained almost 18 percent
this year, the most among 70 currencies tracked by Bloomberg.
Read more at Bloomberg Currencies News
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