Even though the different regions of Colombia are beautiful and full of natural resources, the differences in land put the nation at risk from disasters. Such disasters as earthquakes, floods and landslides often happen regularly and they create effects that spread throughout the community. As a result, these events can cause damage to infrastructure, force people to move and end economic activity. Another important outcome is how disasters affect the financial markets, mainly in the foreign exchange sector, where any sign of uncertainty is strongly felt. The first thing that…
Read MoreThe Impact of Natural Disasters on FX Trading Volatility in Colombia
