(Bloomberg) -- Colombian President Alvaro Uribe said
the government has no plans to impose further restraints on
short-term capital inflows and won't impose any controls on
foreign direct investment as it seeks to stem the peso's rally.
``I am convinced, I have the certainty, that we cannot put
capital controls on foreign direct investment,'' Uribe, 54, said
in an interview last night in his office at the presidential
palace in Bogota. ``So far, we haven't thought of any new ideas,
and my concern now, my focus, is on how to protect jobs.''
Read more at Bloomberg Currencies News
the government has no plans to impose further restraints on
short-term capital inflows and won't impose any controls on
foreign direct investment as it seeks to stem the peso's rally.
``I am convinced, I have the certainty, that we cannot put
capital controls on foreign direct investment,'' Uribe, 54, said
in an interview last night in his office at the presidential
palace in Bogota. ``So far, we haven't thought of any new ideas,
and my concern now, my focus, is on how to protect jobs.''
Read more at Bloomberg Currencies News
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