Four directors voted in favor of this decision, and three voted for a 50-basis-point increase. In its policy discussion, the Board considered the following elements:
BanRep’s technical staff presented the July 2026 Monetary Policy Report, which examines key variables underpinning the macroeconomic forecast, recent inflation dynamics, economic performance, and the outlook for the coming months.
Four directors voted in favor of this decision, and three directors opted for a 50-basis-point increase. In its policy discussion, the Board considered the following:
At its July 31 meeting, the Board of Directors of Banco de la República (BDBR) agreed to launch a program to gradually accumulate up to USD 4 billion in international reserves.
On 24 July, government authorities, experts, and academics will gather in Bogotá to discuss the progress and challenges in financial education in Latin America and the Caribbean.
La Junta Directiva del Banco de la República le rinde cuentas a la ciudadanía a través del Informe al Congreso, que analiza el cambio sustancial del escenario macroeconómico entre 2020 y 2021, y plantea los retos de la política económica colombiana. Consúltelo aquí.
The Regional Economic Bulletin for Q4-2021 provides information on the evolution of the main variables of economic activity in the regions of the country: Bogotá, center, Caribbean Coast, Eje Cafetero, Northwest, Northeast, Southwest, and Southeast regions. [Only in Spanish. Find it here]