Política monetaria y cambiaria

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 Executive Board of the International Monetary Fund (IMF) concluded on April 28, 2021 its review of Colombia’s qualification for the arrangement under the Flexible Credit Line (FCL) and reaffirmed Colombia’s continued qualification to access FCL resources.

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:

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…

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:

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  Banco de la República will rollover its U.S. dollar non-delivery forward contracts in January 2021, through auctions…

On December the 2nd Banco de la República (Central Bank of Colombia) purchased USD1.5 billion from the Government at the current certified exchange rate (TRM). By doing so, the Bank is strengthening its international reserves position accordingly with its long-term external risk hedging policy…

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 Board of Directors is keeping the inflation target (annual change in the CPI) at 3% within a range between 2% and 4%.

The Board of Directors will continue careful monitoring of inflation trends, economic activity, the forecasts for these variables, and the international situation and…

During today’s meeting, the Board of Directors of the Banco de la Republica unanimously decided to hold the policy rate at 1.75%. This decision was made on the basis of 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  Banco de la República will rollover its U.S. dollar non-delivery forward contracts in December 2020, through auctions…

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…

Banco de la República (the Central Bank of Colombia) will roll over forward contracts maturing in November.

At its meeting today, the Board of Directors of the Central Bank (BDBR) decided to roll over non-delivery forward contracts for the sale of US dollars through auctions held on the…