1. Exchange Rate Report on Colombia
... and cities. More than thirty cities have populations in excess of 100 000. The capital city, Bogota, has six million inhabitants. Medillin, a city of 1.8 million located in western Colombia, is a major modern industrial centre, producing textiles, clothing, chemicals, plastics, and printed material. A large number of foreign multinationals have established manufacturing plants in Cali, the third largest ! city. Other cities with industrial ... output but the peso's stabilization added to the lower export numbers. In order to erase the deficit, the currency must be de-valued once again. Th...
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