Inflation is the generalized and sustained increase in the prices of goods and services. When inflation is high, money loses its value rapidly,…
Blog BanRep
Blog BanRep: Why has the Performance of Interest Rates on Government Bonds been so different from the Policy Interest Rate since 2024?
Since early 2024, interest rates on long-term Colombian government debt bonds, hereafter referred to as government bonds, have been increasing.…
BanRep’s Blog: Banco de la República’s Policy Interest Rate as a Response to High Inflation
Banco de la República’s policy interest rate is currently 9.25%. The policy interest rate serves as the benchmark that the Bank…
Blog BanRep: Financial and Real Impacts of the Wealth Tax on SMEs
Tax authorities in both advanced and emerging economies have resorted to tax wealth as a tool to increase tax revenues, replace other taxes,…
Blog BanRep: Potential Drivers of Private Consumption
The Colombian economy has been increasing its growth pace over the past quarters in response to the strengthening of domestic demand, which…
Blog BanRep: How have Hard-Discount Stores transformed local Economies?
Hard-discount stores are a retail innovation that has brought significant changes to Colombia’s commercial landscape. Operating under well-known…
