Remarks and Presentations

Author Title File
Intervention by the Governor of Banco de la República at the Economic Outlook Forum organized by Valora Analitik and El Colombiano
Bogotá, Club El Nogal, noviembre 12, 2025Turbulent timesBy March 2023, (i.e., two and a half years ago), inflation had risen above 13.4%, and interest rates…
 Noviembre 20 2025, Bogotá, Colombia
Intervention by the Governor of Banco de la República (the Central Bank of Colombia) at the 20th Panel Discussion on Constitutional Jurisdiction “In Defense of the Constitutional Order and the Social and Democratic Rule of Law”
To begin, I would like to congratulate the Constitutional Court and its President, Mr. Jorge Enrique Ibáñez Najar, on this Panel Discussion on Constitutional…
 Septiembre 04 2025, Bogotá, Colombia
Intervention - 36th Capital Market Symposium organized by Asobancaria
Greetings to all attendees of this Capital Market Symposium, and thanks to Asobancaria for the invitation and the opportunity to participate in this event.I…
 Agosto 14 2025, Bogotá, Colombia
Notes for the banking convention remarks
Cartagena, June 4, 2025I would like to begin by expressing my gratitude for this opportunity to take part in this event, and extend a very special greeting to…
 Junio 11 2025, Cartagena, Colombia
Speech by the Governor before attendees of the XVIII Asofondos Congress
Cartagena,Good morning to all Asofondos Congress attendees. I extend a special greeting to my esteemed fellow panelists in this opening session: Mr. Juan David…
 Abril 04 2025, Cartagena, Colombia
Mitos y realidades de la política monetaria - “La historia del dinero contada desde las islas de Yap” (Only in Spanish)
Con la historia de los Habitantes de la Isla de Yap, hacemos una analogía al patrón oro del siglo XIX. En ese entonces había un “banco de la moneda” que…
 Download (only in Spanish) Febrero 20 2025,
Notes by the Governor at the 27th Asobancaria Treasury Congress
Notes at the 27th Asobancaria Treasury CongressLeonardo Villar, Governor of Banco de la República (the Central Bank of Colombia)Cartagena, 13 February…
 Febrero 13 2025, Cartagena, Colombia
Technical Document - Relevance and Risks of Issuing a Central Bank Digital Currency in Colombia
This technical document presents Banco de la República’s analysis of the relevance and risks of issuing a Central Bank Digital Currency (CBDC) in Colombia. It…
 Download Enero 27 2025,
Mitos y realidades de la política monetaria - ¿Cuáles son los canales de transmisión de la política monetaria? (only in Spanish)
Los tres canales principales por los que se transmite la política monetaria, según la literatura económica, son: la tasa de interés, el crédito y el tipo de…
 Download (only in Spanish) Enero 20 2025,
Technical note "Macroeconomic and Fiscal Effects of Increased Efficiency in Medicine Procurement: A General Equilibrium Analysis of the Colombian Health System"
This study analyzes the macroeconomic and fiscal effects of greater efficiency in medicines procurement in Colombia, using both static (computable) and dynamic…
 Diciembre 31 2024,
Library of The Board of Directors´ Report to the Congress of Colombia Inflation Reports Financial Stability Report Foreign Reserve Managment Sustainability Reports Working Papers