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 The Board of Directors of Banco de República (BDR) at today´s meeting decided to cut the policy interest rate by 25 bp to a level of 6.25%. For this decision, the Board considered the following: 
The Board of Directors of Banco de la República at today’s meeting decided to reduce the benchmark interest rate by 25 bp to 7.25%. For this decision, the Board mainly took into account the following aspects:  
The Board of Directors of Banco de la República at today’s meeting decided to reduce the benchmark interest rate by 50 bp to 5.75%. For this decision, the Board mainly took into account the following aspects:
The Board of Directors of the Central Bank of Colombia reiterates the 3.0% inflation target, in a range of 2.0% to 4.0%. The monetary policy action will continue to be directed to reaching the 3.0% target. The inflation result may oscillate around this level depending on macroeconomic or sectorial…
Starting 1 October 2020, the Cultural Centers of Banco de la República will reopen their spaces and offer services gradually while strengthening their virtual services. The opening will be made differentially according to the evolution of the epidemiological warning indicators in each of the 29…
In order to facilitate the communication process and to align inflation-related statistics with international methodologies and those implemented by DANE, Banco de la República (the central Bank of Colombia, BR) reviewed the definitions for core inflation and CPI classifications that are analyzed…
The Board of Directors today ruled a 25 bp hike in Banco de la República’s intervention interest rates. As a result, the base rate for repo auctions will go from 8.25% to 8.50%.According to the Board, the continued growth in demand and credit suggest the need for additional rate hikes.  Food…
Banco de la República invites students from Medellín, Cali, Bucaramanga, Ibagué, Quibdó, Santa Marta and Bogotá who are interested in a college internship at the Bank to apply before March 8. Candidates are required to have successfully completed 70% of the syllabus for a major in economics,…
On 7 December 2016, Banco de la República started circulating the new $10 thousand-peso banknote, the sixth and last of the new family of banknotes. Virginia Gutierrez, anthropologist, along with the Amazon region, the flower of the Victoria Regia, and the tree frog are the image of the new…
On March 31st 2016, Banco de la República started circulating the new $100 thousand peso banknote, the first of the new family. Valle de Cocora in Quindío, with the wax palm tree (the national tree), the Barranquero bird, and the flower of the Sietecueros, together with the image of President…
On 29 November 2016 Banco de la República started circulating the new $2 thousand-peso banknote, the fifth of the new family of banknotes The artist Débora Arango, Caño Cristales (the “river of five colors”), the leaves and the fruit of the milk tree, and the bird from the painting The Nuns and the…
On 30th June 2016, Banco de la República started circulating the new 20 thousand-peso banknote, the second of the new family of banknotes The channels at La Mojana1 in the region where the Zenú people settled, the fruit of the anón, the Zenú earring and the sombrero vuetiao2 , together with the…
On 9 November 2016 Banco de la República started circulating the new $5 thousand-peso banknote, the fourth of the new family of banknotes. The poet José Asunción Silva, the Colombian moorlands (páramos), a puya plant, and a bumblebee are the image of the new banknote. This banknote will circulate…
On 30th June 2016, Banco de la República started circulating the new 20 Thousand-Peso banknote, the third of the new family of banknotes The Lost City (central to the Tayrona culture), the Sierra Nevada de Santa Marta, a hummingbird feeding from a flower, and a Burgao snail, together with the…
At a meeting today, the Board of Directors approved Banco de la República’s financial statements for 2006.  Pursuant to Law 31/1992, it will transfer Col$1.18 trillion pesos in profits to the national government.  These funds will be turned over in US dollars.
At a meeting today, the Board of Directors approved the Banco la República’s financial statements for 2007.    Pursuant to Law 31/1992, the Bank will transfer Col$1.4 trillion pesos in profits to the national government.Most of the profits came from the return on international reserves.…
At its meeting on 30 August 2019, the Board of Directors of Banco de la República (the Central Bank of Colombia) adopted a new communication scheme for monetary policy decisions. The purpose of these changes is to facilitate the understanding of the decisions by the markets and the general public.…
For this decision, the Board mainly took into account the following information:
The Board of Directors mainly took into consideration the following information:
The Central Bank updated the methodology for determining the purchase price for buying gold and lowered the discount from 8.0% to 5.0% with respect to the international price as of 29 November 2021.The Bank's purchase price for gold expressed in grams will continue to be communicated to the public…
President Iván Duque Márquez announced last Friday, 27 December, on Twitter, the appointment of economist Arturo José Galindo Andrade, Universidad de Los Andes alumnus, as the new member of the Board of Directors of Banco de la República, replacing José Antonio Ocampo. “I have appointed the…
ISO 14001 version 2015 corresponds to the international certification standard granted to organizations for their responsibility and commitment to environmental protection, appropriate management of environmental risks and impacts, and sustainable use of resources.
Press, print version In 2016, Banco de la República will release a new family of banknotes composed of six denominations: $2,000, $5,000, $10,000, $20,000,
This image does not match the final design of the commemorative coin of the bicentenary of Colombian independence. It is an approximation, and the final artwork may undergo variations in the coming days.
In their session today, the Board of Directors of the Banco de la Republica decided to keep the benchmark interest rate unaltered at 4.5%.  The decision was made with the following in mind: