A common feature of modern central banks is their independence from the government. This autonomy is justified because the goals of the government…
Blog BanRep
Last modified
Wednesday the 25th of March, 2026
In each publication you will find easy-to-read articles related to the Colombian and global economy, and to the management of Banco de la República (the Central Bank of Colombia).
Blog BanRep: The Role of Banco de la República as a Development Bank
According to the prevailing view in Latin America of the mid-20th century—which saw active state intervention as essential for promoting…
Blog BanRep: Bre-B, a Brief History of the Interoperated Instant Payment System
Over the past decade, instant payment systems have established themselves as essential infrastructure for modernizing the financial sector in…
Blog BanRep: The Profits of Banco de La República and Foreign Reserves
Each year, Banco de la República (the Central bank of Colombia) generates profits that, by law, must be transferred to the…
Blog BanRep: The Elusive Domestic Revolution: Time Use and Gender Roles in Colombia
Over the past decades, Colombian women have experienced profound transformations in their lives in terms of access to higher education,…
Blog BanRep: The Target Inflation Framework
Recent installments of this Blog introduced crucial elements of monetary policy, such as the…
