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The Rio Times
The Rio Times
Americas · 8 mins ago
Colombia’s Debt Ratio Just Fell. It Borrowed $20bn More Anyway
Markets Key Facts —The headline. Colombia’s external debt fell to 51.6% of output in April, from 53.7% a year earlier, a level last seen in May 2020. —The catch. Measured in dollars the stock rose from $227.9bn to $247.7bn, an increase of nearly $20bn, or 8.7%. —The cause. The peso has strengthened sharply, which lifts […] The post Colombia’s Debt Ratio Just Fell. It Borrowed $20bn More Anyway appeared first on The Rio Times.
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