Monday, July 16, 2007

Colombian Peso Rises Amid Renewed Appetite for High-Risk Assets

(Bloomberg) -- Colombia's peso gained as renewed
appetite for high-risk assets boosted demand for the country's
stocks and bonds.

``We continue to see appetite for risk that characterized
last week's close,'' said German Verdugo, chief analyst at
Bogota-based brokerage Correval SA. ``Today will likely see
little volatility in the market ahead of this week's U.S.
inflation report.''


Read more at Bloomberg Currencies News

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