Colombia’s Foreign Exchange Exchange reserves hit a record low of $US2.2 billion – Reuters

Colombia’s foreign exchange reserves hit another record low at $US22.7 billion ($34.2bn) on Thursday, underscoring the country’s need to bolster its own economy.

The reserve figure represents a record-low for a single month for Colombia, which has seen a sharp drop in the number of foreign tourists.

Colombia’s Foreign exchange reserves have been trading at a level lower than they have been in more than a decade.

They fell by more than 80% last year to $US32.6 billion.