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

Banco de la República's policy strategy seeks to maintain a low and stable inflation rate, as well as to achieve an output level close to its potential.

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