Banrep Blog
Wednesday, 22 January 2025
Minutes of the Board of Directors Thursday, 06 February 2025 - 14:30
BanRep Minutes: The Board of Directors of Banco de la República decided by majority vote to maintain the monetary policy interest rate unchanged at 9.5%
Five directors voted in favor of this decision, one director voted for a 25 basis point reduction, and one director for a 50 basis point decrease. In its policy discussion, the Board of Directors took into account the following elements:
Publications Tuesday, 04 February 2025 - 17:05
Monetary Policy Report – January 2025
The technical staff of Banco de la República published the January 2025 Monetary Policy Report. This document, analyzes the key variables of the macroeconomic outlook and the dynamic of Colombian inflation.
Monetary Policy Friday, 31 January 2025 - 18:30
The Board of Directors of Banco de la República decided by majority vote to maintain the monetary policy interest rate unchanged at 9.5%
Five directors voted in favor of this decision, one director voted for a 25 basis point reduction, and one director for a 50 basis point decrease. In its policy discussion, the Board of Directors took into account the following elements:
Blog Banrep Thursday, 16 January 2025 - 14:23
Blog BanRep: VAT exemption days in Colombia: How did Household Consumption respond?
This new entry analyzes the positive effect of VAT-free days on the consumption of exempt versus non-exempt goods. However, one of the conclusions is that this effect was transitory. Why?
Minutes of the Board of Directors Thursday, 26 December 2024 - 18:21
BanRep Minutes: The Board of Directors of Banco de la República opted by a majority vote to reduce the benchmark rate by 25 basis points (bps) to 9.50%
Five directors voted in favor of this decision, one for a 50-bps cut and another for a 75-bps reduction. In its policy discussion, the Board considered the following elements:
Wednesday, 22 January 2025
Monetary policy interest rate
Upcoming decision
03/31/2025
9.5%
Effective as of
12/23/2024
02/15/2025
Pesos per Dollar
*Only numbers are valid
