Press releases and minutes

The Board of Directors of Banco de la República, in accordance with Act 31 of 1992, confirms that the inflation target is 3.0%, and reiterates that the monetary policy actions undertaken so far are aimed at driving inflation to a range of 3.0% ± 1 pp in 2017 and consolidate its convergence to 3.…

The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%.

The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%. For this decision, the…

The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%. 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 maintain the benchmark interest rate at 7.75%. For this decision, the Board mainly took into account the following aspects:

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…

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 7.75%. For this decision, the Board mainly took into account the following aspects: 

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…

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 7.50%. 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 increase 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 increase the benchmark interest rate by 50 bp to 7.0%. For this decision, the Board mainly took into account the following aspects:

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…

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 6.5%. 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 increase the benchmark interest rate by 25 bp to 6.25%. For this decision, the Board mainly took into account the following aspects:

1. Economic growth

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 6.0%. 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 increase the benchmark interest rate by 25 bp to 5.75%. 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 increase the benchmark interest rate by 25 bp to 5.50%. For this decision, the Board mainly took into account the following aspects:Annual consumer inflation in October stood at 5.89%, and the average of the four…

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 50 bp to 5.25%. For this decision, the Board mainly took into consideration the following aspects:

The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 4.75%. The Board took into consideration mainly the following aspects: 

In 2016, Banco de la República will release a new family of banknotes composed of six denominations: $2,…