Foreign Exchange Intervention Policy

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Disclosure of Foreign Exchange Intervention

In accordance with the transparency that characterizes the inflation targeting regime, the disclosure of foreign exchange intervention is timely. In the intervention through auctions, the amounts are announced in advance and the amounts approved and/or executed are disclosed on the same day of the...

Foreign Exchange Intervention Policy

Banco de la República's policy strategy seeks to maintain a low and stable inflation rate, as well as to achieve output levels close to the economy’s potential. The Bank's policy also contributes to preserve the stability of the financial and payment systems. Flexibility of the exchange rate is...

Instruments for Foreign Exchange Interventions

Banco de la República may intervene in the foreign exchange market through any of the following instruments: 

Objective of the exchange rate policy

 

Monetary policy strategies have been implemented within a flexible exchange rate scheme that is governed by intervention rules with the following objectives: