Minutes of the Board of Directors

After considering the most recent information available on economic activity, inflation, and international conditions, Banco de la República's board of directors (BDBR) in its meeting on December 18 held the benchmark interest rate at 1.75%. Five board members voted in favor of leaving the rate…

The Board of Directors reviewed the latest available information on economic activity, inflation, and international conditions in their November 27 session. The monetary policy discussion took the following aspects into account:

The Central Bank's Board of Directors (BDBR) considered recent information related to economic activity and inflation, as well as the technical staff's revised forecasts. It noted a slight improvement in growth projections for 2020, though still in the context of significant economic contraction…

At its meeting on 25 September, the Board of Directors of Banco de la República (the Central Bank of Colombia) assessed the latest figures available on the domestic and global economic activity. The monetary policy discussion focused on the following aspects.

At its meeting on 31 July, the Board of Directors of the Central Bank (BDBR) assessed the latest figures available on the national and global economic activity. Outlined below are the main elements of the monetary policy discussion. 

The Board considers that the economic activity…

The Board of Directors considered that the recent information on economic activity and the revisions to the forecasts made by several agents suggest that the contraction of economic activity for 2020 will be greater than anticipated at the beginning of the…

The ordinary meeting of the Board of Directors of Banco de la República took place on 29 May 2020 in Bogotá D.C. In attendance were the Minister of Finance and Public Credit, Alberto Carrasquilla Barrera; the Governor of the Central Bank, Juan José Echavarría Soto; and Board Members Arturo José…

The Coronavirus pandemic has generated a collapse in global economic activity. Additionally, Colombia has been severely affected by the collapse in the international price of oil.

The members of the Board highlighted the importance of the measures taken in recent weeks to ensure a wide and…

The ordinary meeting of the Board of Directors of Banco de la República took place on 27 March 2020 in Bogotá D.C. In attendance were the Minister of Finance and Public Credit, Alberto Carrasquilla Barrera; the Governor of the Central Bank, Juan José Echavarría Soto; and Board Members Gerardo…

The ordinary meeting of the Board of Directors of Banco de la República took place on 31 January 2020 in Bogotá D.C. In attendance were the Minister of Finance and Public Credit, Alberto Carrasquilla Barrera, the Governor of the Central Bank, Juan José Echavarría Soto, and Board Members Gerardo…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, 20 December 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in Bogotá D.C. on Thursday, October 31, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members Gerardo…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Monday, September 23, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, July 26, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

Below is the description provided by the technical staff of the Central Bank on macroeconomic conditions, their projections, and risks for the meeting of the Board of Directors on 21 June 2019.

A regular meeting of the Board of Directors of Banco de la República was held in the city of Bogotá D.C. on Friday, 21 June 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members Gerardo…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, April 26, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Friday, March 22, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…

A regular meeting of the Board of Directors of Banco de la República took place in the city of Bogotá D.C. on Thursday, January 31, 2019. In attendance were Alberto Carrasquilla Barrera, Minister of Finance and Public Credit; Juan José Echavarría, Governor of the Central Bank; and Board Members…