Juan José Echavarría, Governor, and Hernando Vargas, Deputy Technical Governor, answer questions from analysts and journalists related to the decision reached today by the Board of Directors.
The Board of Directors of the Central Bank of Colombia (BDBR) unanimously reduced its benchmark interest rate by half a percentage point to 3.25%. In this way, it continues with the countercyclical monetary policy stance.
The Board also made the following decisions in order to ensure the domestic and external payments of the economy:
The BDBR will continue to permanently monitor the situation and will make all the necessary decisions within its authority to contribute to the proper operation of the economy.