What We Do


1. Monetary, Foreign Exchange Intervention and Credit Policy
Monetary Policy: The Inflation-Targeting Strategy in Colombia

Monetary policy in Colombia is governed by an Inflation Targeting strategy, thats purpose is to maintain a low and stable inflation rate and to reach output growth in line with the potential capacity of the economy. This means that the objectives... [ + ] información

Foreign Exchange Intervention Policy

The Central Bank's policy seeks to maintain a low and stable inflation rate, as well as to reach output levels close to the economy’s potential. Besides, the Bank’s policy contributes to the preservation of financial stability and the payment syst... [ + ] información

Credit Functions of the Banco de la República

 

2. Other Functions
Issue of Legal Tender

The currency-issuing attribute, characteristic of the Nation’s monetary sovereignty, is exclusive to the Banco de la República and can not be delegated. This attribute has materialised by means of various contracts, with the authorisation of Congr... [ + ] información

Promoter of Scientific, Social and Cultural Development

 

Banker of banks

 

Government Banker, Fiscal Agent and Trustee

 

Administration of International Reserves

 

This content has been translated into English for informational purposes. Upon any query regarding its interpretation or enforceability, the Spanish version shall be deemed official, and will prevail over the English version. The authors of specific texts such as working papers or articles select the language of publication; therefore, there might be cases in which the content may only be available in English.