Banrep Blog
Thursday, 16 January 2025
Wednesday, 11 December 2024
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:
Sala de prensa Thursday, 26 December 2024 - 17:09
Conclusions from the 92nd Session of the Financial System Coordination and Monitoring Committee
The financial system has remained stable and resilient along the economy's adjustment process, thanks to prudential regulation, supervisory measures, and the strengthening of risk management.
Sala de prensa Thursday, 26 December 2024 - 12:01
Banco de la República (the Central Bank of Colombia) and National Administrative Department of Statistics (DANE in Spanish) sign a Cooperation Agreement for the Exchange of Statistical Information
This information exchange will serve to strengthen the constitutional, mission-related, and legal functions of both institutions.
Monetary Policy Friday, 20 December 2024 - 17:22
The Board of Directors of Banco de la República (the Central Bank of Colombia) 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 voted for a 50-bps cut, and another for a 75-bps reduction. In its policy discussion, the Board considered the following elements:
Thursday, 16 January 2025
Wednesday, 11 December 2024
Monetary policy interest rate
Upcoming decision
01/31/2025
9.5%
Effective as of
12/23/2024
01/18/2025
Pesos per Dollar
*Only numbers are valid
