Monetary Policy
- 17:04
The Board of Directors of Banco de la República voted by a majority to reduce the policy rate by 50 basis points to 11.25%
Four directors voted in favor of this decision and two voted for a 75 bp reduction.* In its policy discussion, the Board of Directors considered the following elements
Press releases and minutes
- 12:08
Conclusions of the 90th Session of the Financial System Coordination and Monitoring Committee
Learn about the conclusions of the session held this Friday, June 21, in which the main trends of the leading performance indicators of the financial system in 2024 were analyzed.
- 13:57
Blog BanRep: Debt and Subnational Fiscal Rules
This new entry refers to the implementation and impact of the fiscal rules for subnational governments, which preceded the National Government's fiscal rule by over a decade.
- 15:10
Blog BanRep: Financial Education: Evidence from Colombia in a High-inflation Environment
The economic and financial education programs designed by central banks for children, young people, and general public complement monetary policy communication and increase public understanding using simple, everyday language.
Minutes of the Board of Directors
- 17:01
Banrep Minutes: The Board of Directors of Banco de la República decided by majority vote to cut the benchmark policy interest rate by 50 basis points to 11.75%
Five directors voted in favor of this decision, one director voted for a 75 basis-point reduction, and one director for a 100 basis-point decrease. In its policy discussion, the Board considered the following elements:
News and Publications
Monetary policy interest rate
Upcoming decision
07/31/2024
11.75%
Effective as of
05/02/2024
06/29/2024
Pesos per Dollar
*Only numbers are valid
