Colombia’s country risk continues to rise – Sectors – Economy
Since the pandemic, and after the loss of investment grade that Colombia suffered in 2021, the rate risk of the country has been hit.This Thursday, February 23, within the framework of the 'Economic Outlook 2023 Meeting', organized by Camacol, the co-director of Banco de la República, Jaime Jaramillo Vallejo, assured that throughout February the country risk of Colombia "shot up even more ”.(You can also read: 'The best lands are those seized by the SAE': José Félix Lafaurie) This is evidenced by the credit default swaps, or CDSFinancial derivatives that function as a thermometer of how investors perceive a country's…
