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Sunday, November 14, 2010

Forex News Colombia wants to avoid invasive FX measures

Sunday, November 14, 2010
Forex News Colombia wants to avoid invasive FX measures Colombia will try to avoid imposing Brazil-style capital controls to curtail the strength of its currency but "nothing is ruled out," Finance Minister Juan Carlos Echeverry said.
The U.S.-trained economist said market-friendly measures taken by Colombia so far, including U.S. dollar purchases of at least $20 million (12 million pounds

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