OLD Prices, inflation and monetary policy

Webcast by our Deputy Technical Governor, Hernando Vargas.

Presentación del Informe de Política Monetaria a cargo del gerente general, Leonardo Villar, y de Hernando Vargas, gerente técnico del Banco de la República

After a thorough evaluation of the most recent indicators of economic activity, inflation and international financial conditions, Banco de la República's board of directors (BDBR) voted by a 6-1 majority to hold the benchmark interest rate at 1.75%, with one dissenting vote in favor of a 25-…

Banco de la República's board of directors (BDBR) in its meeting on April 30 voted 6-1 to hold the benchmark interest rate at 1.75%. This majority decision was based on the following considerations:

The Bank for International Settlements (BIS) recently published a report on capital flows, exchange rates, and monetary policy frameworks in Latin American and other economies. The report explores the main drivers of swings in exchange rates and capital flows in recent years, the transmission…

After a thorough evaluation of the most recent indicators of economic activity, inflation, the credit market and international financial conditions, Banco de la República's board of directors (BDBR) decided unanimously on March 26 to hold the benchmark interest rate at 1.75%.

The monetary…

Banco de la República's board of directors (BDBR) in its meeting on March 26 held the benchmark interest rate at 1.75%. The unanimous decision to maintain an expansive monetary policy position takes into account the following considerations:

Overall inflation (1.61%) and core inflation (excluding food and regulated items) (1.11%) both declined…

The President, Iván Duque Márquez, officially invested the new members of the Board of Directors of Banco de la República, Ms. Bibiana Taboada Arango and Mr. Mauricio Villamizar Villegas, at a ceremony held at Casa de Nariño. These prominent economists will serve on the Central Bank’s Board of…

President Ivan Duque Marquez has appointed Jaime Jaramillo Vallejo, an experienced economist, as a new member of the Board of Directors of Banco de la República in place of Arturo Galindo. The Board of Directors extends its welcome.

Dr. Jaramillo has a Ph.D. in Economics from Boston…

Webcast by our Deputy Technical Governor, Hernando Vargas.

Presentación del Informe de Política Monetaria a cargo del gerente general, Leonardo Villar, y de Hernando Vargas, gerente técnico del Banco de la República.

The President of Colombia, Ivan Duque, has appointed Mauricio Villamizar and Bibiana Taboada, both prominent economists, to replace Gerardo Hernandez and Ana Fernanda Maiguashca as new members of the Board of Directors of the Banco de la República. The Board of Directors welcomes them.

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En su sesión del 29 de enero, la Junta Directiva del Banco de la República revisó la última información disponible sobre actividad económica, inflación y condiciones internacionales. La Junta decidió mantener la tasa de política After considering the most recent information available on economic…

Banco de la República’s board of directors (BDBR) in its meeting on January 29 held the benchmark interest rate at 1.75%. The decision was based on the following considerations:

As delegated by the Board of Directors of Banco de la República, the Monetary and Exchange Intervention Committee decided today, in its ordinary session, that the Central Bank will rollover its U.S. dollar non-delivery forward contracts in February 2021, through auctions held on the maturity…

Banco de la República (the Central Bank of Colombia) is required by the Constitution to maintain the purchasing power of Colombia’s currency in coordination with general economic policy1. In order to fulfill this mandate, the Central Bank of Colombia’s 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…

Banco de la República’s board of directors (BDBR) in 2021 will resume its regular practice of considering changes to the benchmark interest rate in only eight of its 12 ordinary annual meetings. The BDBR will continue to take up remaining issues within its purview in each of its meetings.

Banco de la República’s board of directors decided on December 18 to hold the benchmark interest rate at 1.75%. The decision was based on the following considerations: