Reformas


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1950

 

In this year, the first measures were undertaken to move the Bank towards assuming the role of credit supplier for the development of certain sectors of the economy. The Government decided to direct the course of medium and long-term credit towards productive activities. This...

1960

 

In the 1960’s, the State found it advantageous to delegate the regulatory function of controlling the monetary base to a public corporation other than the Board of Directors of the Banco de la República. 

 

1967

 

Decree 444 put into effect a new exchange system that increased the Bank’s involvement in the control of the Foreign exchange flow fundamentally related to the management of foreign currency budgets and the regulation of supply and demand for foreign exchange.

 

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. Este contenido ha sido traducido al inglés con fines informativos. En caso de duda sobre su interpretación y/o aplicación, se entenderá que la versión en español es la versión oficial y prevalecerá sobre aquella en inglés. Para casos particulares como documentos de trabajo o artículos, el idioma original de publicación es escogido por el autor, por lo cual puede haber casos en los que el contenido esté disponible sólo en inglés.  

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