Colombia's peso rises after gov't lifts controls

BOGOTA, Sept 1 (Reuters) - Colombia's peso rose 0.84 percent to 1,921 pesos versus the U.S. dollar on Monday after the government lifted temporary restrictions placed on foreign portfolio investments in stocks, traders said.

Colombia's government had introduced measures in May calling for a required deposit and a two-year minimum residency on some investments in an attempt to curb the local currency's rise against the greenback. (Reporting by Patrick Markey; Editing by Maureen Bavdek)