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Currency in Colombia denotes the ingots, coins, and banknotes that have been used in Colombia since 1622. It was in that year, under a licence purchased from King Philip III of Spain, that Alonso Turrillo de Yebra established a mint at Santa Fe de Bogotá and a branch mint at Cartagena de las Indias, where gold cobs were produced as part of Colombia's first currency.
These were mostly continuations of coins issued before 1837 in the name of the Republic of Colombia but with the escudo denominations replaced by pesos. In 1847, the currency was decimalized and coins were introduced in denominations of 1 ⁄ 2 and 1 décimo de real in copper and 1, 2, 8, and 10 reales in silver.
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs. Between ...
BOGOTA/WASHINGTON (Reuters) -Colombia's President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the U.S. reached a deal on deportation flights ...
Colombia's President-elect Ivan Duque has promised to unite a divided country behind his plans to toughen a peace accord with Marxist rebels and to rekindle economic growth, but he will face major ...
BOGOTA (Reuters) -Colombia's government proposed on Monday a 523 trillion peso ($130 billion) 2025 budget to lawmakers for their consideration, the finance ministry said in a statement, as ...
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The Museo Casa de Moneda (Spanish for Mint Museum) is a numismatics museum located in La Candelaria neighborhood of Bogotá, Colombia.It is managed by the Bank of the Republic of Colombia and used to display its numismatic collection that is composed by around 18,600 objects that include artwork, banknotes, bonds, coins, derivatives, medals, negotiable instruments, and printing instruments ...