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The volatility of the dollar not only puts people and companies to do accounts, but also affects Colombian public finances through the external debt.If the US currency increases, the country's financial commitments in foreign currency increase; and if it falls, the position that Colombia has to pay in dollars is reduced.(You can also read: Jorge Iván González: 'Development Plan without dictatorial powers') Although the external debt has remained relatively stable, if the means in Colombian pesos Colombia owes more and more. This is due to the exchange rate.How much does foreign debt cost in dollarsAccording to the latest data from…

One of the tools that Colombians use the most to carry out financial transactions are the digital wallets. According to the Colombia Fintech portal, this resource decreased by an annual increase of 195% during 2021, a use that continues to increase. (Digital wallets: how they work and what options are available in the country). This should not only grow by the volume of transactions, but also by increasing the options and facilities you receive to receive money, transfer it, pay bills, make purchases, refills.In Colombia there are options like Nequi, Daviplata, Bancolombia a la mano, Dale!, Movii, Tuyapay, Powii, Payválida,…

Currently, it is very easy to make a bank transfer from one entity to another in a matter of seconds. With a series of quick, simple and effective steps you will be able to guarantee successful operations to other accounts. Today, many of these processes are carried out through digital platforms and applications that have become the perfect ally for clients.after the pandemic, many banks decide to improve their digital platforms and venture into the technological world through applications that facilitate procedures to make them more agile and fast. In this way, they prevent users from traveling and going to…

After the failed ceasefire attempt between the National Government and the ELN, the threats and actions of this illegal group against the oil industry in the country, especially in the department of Arauca.One of the most affected companies has been the Canadian Parex Resources, which on January 21 announced the closure of operations in the Capachos and Arauca blocks, after receiving Threats from the ELN's eastern war front regarding its operations in the region.(Also read: Parex Resources is producing less oil after threats from the Eln in Arauca) This paralysis affects the company's production, transportation, drilling, construction and well maintenance…