National University

What it is not clear is when exactly, because everything will depend on deep that is the collapse of the prices of the matters primas". The exports of commodities, represent around 50% of the Colombian exports, of there their impact on the product of the country. This negative impact on the exports of commodities that Colombia would undergo, also would undergo Venezuela, so we would comment what it in the article of yesterday Will be able the present economic context to make react to Chvez? and it also matters to him to Colombia. Venezuela is the second commercial partner of the country, reason why a deterioration in the economic conditions of the same, will irremediably generate a negative impact on the Colombian exports towards that one country. International the financial crisis also struck to the Colombian currency. The dollar in Colombia that took the year in $ 2,016, 12 was debilitated in front of the Colombian peso until arriving at a minimum of $ 1,666, 67, in the month of June to return to fortify itself at the moment without brake being located in $ 2,309, 47. Although the weakening of Colombian currency is positive if it is watched from the point of view of his competitiveness, it can bring inflationary consequences.

He is for that reason that the government of Colombia decided to stimulate the entrance of dollars to contain the weakening of the local currency without jeopardizing the international reserves of the Central bank of Colombia. He is so he raised to the restriction to the foreign investment in titles internal public. The manifolds fronts through which international the financial crisis affects the Colombian economy, also repel in the domestic consumption. According to the Director of the Research center for the development of the National University, Germa'n Umaa, in one notices offered for site Colombian " The Liberal" , the consumption of the Colombians will also feel the effect of the crisis: " I finish that boom of on credit cheap purchase of electric home appliances, automobiles.