Colombia sold dollars for $ 10.5 bn in 2020

The Government of Colombia ended 2020 with net sales of dollars of $ 10,524 million, the highest in the last three years. Diminishing resources generated by the pandemic made the Government look for other sources of financing such as increased debt and the sale of foreign currency. In 2020, the country completed three consecutive years in which it has been a net seller of foreign currency, since in 2019 the outflows were for $ 16.7 million and $ 635.3 million in 2018.

Source: Dinero