Investors shrug off Colombia downgrade

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Investors shrug off Colombia downgrade

Colombia
A soldier makes a parachute demonstration during the opening ceremony of the Military Olympic Games "Command Forces" at the Military Fort of Tolemaida in Tolima department, Colombia, on July 23, 2014. 21 countries and more than 70 men of the elite assault groups of the Americas' armies take part in the 10th edition of the Military Olympic Games "Command Forces", held from July 23 to July 31. (Xinhua/Jhon Paz) (fnc) (ah) XINHUA /LANDOV | JHON PAZ/LANDOV/Press Association Images

Colombian asset prices hardly budged this week after Standard & Poor’s brought the South American sovereign — once an EM darling — within one notch of junk status.

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