Finance

Reasons the US dollar stays below $4,000 pesos in Colombia

29 अक्टूबर 2025 Carlos Ramírez

The US dollar has completed eight weeks without exceeding $4,000 pesos in Colombia, driven by global and local factors like the Federal Reserve's rate cut and increased dollar inflows. Analysts point to the DXY index's weakness and government operations strengthening the peso. This stability benefits imports and travel to the United States.

Bmv hits new record after fed decision

29 अक्टूबर 2025 Juan Pérez

The Mexican Stock Exchange (BMV) hit a new all-time high above 63,000 points, driven by a 0.89 percent gain. Wall Street showed mixed results after the Federal Reserve's rate cut, with the Nasdaq reaching a new record. The Mexican peso depreciated slightly amid expectations of pauses in future cuts.

Bac international seeks to buy banco de bogota's panamanian subsidiary

BAC Holding International Corp has authorized a shareholders' meeting to assess the purchase of Banco de Bogotá's Panamanian subsidiary by its affiliate BAC International Corporation. The deal involves 99.56% of Multi Financial Group's shares. Banco de Bogotá will also call its shareholders to discuss the potential sale.

Vfd group reports 61% profit surge to n7.99bn in q3 2025

Vfd group has reported a 61% increase in profits for the third quarter of 2025. The surge brings the company's profit to n7.99 billion.

Hajj costs for 2026 lowered without reducing service quality

29 अक्टूबर 2025 Raj Patel

Indonesia's House Commission VIII and the Ministry of Hajj and Umrah have set the hajj service cost for 2026 at Rp87.4 million per pilgrim, down about Rp2 million from the previous year. This reduction does not compromise service quality for pilgrims. Pilgrims pay Rp54.2 million directly, with the rest covered by hajj fund management.

Top US crypto exchanges recommended for 2025 investors

A 2025 guide highlights Coinbase, Kraken, and Crypto.com as leading cryptocurrency exchanges for US users, emphasizing regulatory compliance, low fees, and user-friendly features. Tailored for beginners and active traders, the recommendations consider state availability and advanced tools like staking and derivatives. The analysis underscores transparency through audits and proof-of-reserves practices.