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The Bank
History
Background
The Kemmerer Commission
Creation of the Banco de la República
A Central Bank
Reforms
The Banco de la República and the Constitution of 1991
The restructuring of the Bank and its Board of Directors
Bank Emblem
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Issue of Legal Tender
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The Board of Directors’ Report to the Congress
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Juan Carlos Echeverry
Minister of Finance
José Darío Uribe Escobar
General Manager
Carlos Gustavo Cano Sanz
Codirector
Juan José Echavarría Soto
Codirector
Fernando Tenjo Galarza
Codirector
Juan Pablo Zárate
Codirector
César Vallejo Mejía
Codirector
Missions and functions
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Monetary Policy
The purpose of the monetary policy
¿How is the monetary policy implemented in Colombia?
¿How does the monetary policy affect the economy?
Monetary policy uncertain environments
Exchange Policy
Objective of the exchange rate policy
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s
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Market Exchange Rate (MER), monthly average since 1950
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Open Market Operations - OMOs
The Approval of REPOS Related to Monetary Expansion & Contraction, daily since
The Approval of Outright Definite Treasury Bond Purchases, since
The Balance of Daily Monetary Expansion & Monetary Contraction OMO, since
Banco de la República Intervention Rate
Output, wages and employment
National Accounts.
Methodology: Base Year 1975
National Accounts.
Methodology: Base Year 1994
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