Política monetaria y cambiaria

In its policy discussion, the Board considered the following elements: 

On March 22, the Executive Board of the International Monetary Fund (IMF) met to finalize the Article IV annual consultation with Colombia. On March 23, the IMF published the staff report discussed at that meeting, as well as a press release illustrating the discussion held at the IMF board and…

The meeting had been scheduled for March 31; however, the Minister of Finance and Public Credit must attend an international engagement on that date. The meeting of the Board of…

Charting a Path to a More Sustainable, Equitable, and Greener Economy

Five Board Members voted in favor of this decision, and two voted for a 25 bp increase. In their policy discussion, the Board of Directors considered the following elements:

In their policy discussion, the Board of Directors took the following factors into account:

Four Board Members voted in favor of this decision. One Bord Member voted for an increase of 125 bp, and another voted for an increase of 25 bp.In their policy discussion, the Board of Directors considered the following elements:

In their policy discussion, the Board of Directors took the following factors into account:

The increase in inflation is the result of the convergence of multiple phenomena, including historically high external and internal cost shocks and high levels of demand. Added to these, indexation processes to higher inflation rates and exchange rate pressures on prices in a context of…

Banco de la República's Board of Directors (BDBR) unanimously decided to raise the monetary policy interest rate by 100 basis points (bp) to 11%. 

In the discussion on monetary policy, the following elements were considered:

During the previous month, adverse financial conditions worsened, brought on by global and idiosyncratic factors. These conditions caused —among other effects— a higher monthly depreciation than that of other emerging economies. 

This policy decisión was based on the following considerations.  

Six Board Members voted in favor of this decision and one member voted for a 50-bp increase.

In its policy discussion, the Board considered the following elements:

The decision was based on the following considerations:

Six board members voted in favor of this decision and one voted for a 100 basis point increase.

The decision was based on the following considerations:

This decision took into account the following considerations: 

The decision to raise the benchmark interest rate to 7.5% was unanimous, and was based on the following considerations:  

On April 29, Banco de la República's board of directors (BDBR) voted 4-3 in favor of a 100-basis point increase to the benchmark interest rate, bringing it to 6.0%; three board members voted for a 150-basis point increase. 

The decision took into account the following considerations:…

On April 29, 2022, the Executive Board of the International Monetary Fund (IMF) approved a successor two-year arrangement under the Flexible Credit Line (FCL) for 7,155.7 million Special Drawing Rights (SDR) (i.e., 350% of the country’s quota at the Fund), equivalent to about…

The decision was based on the following considerations: