Inflation is the generalized and sustained increase in the prices of goods and services. When inflation is high, money loses its value rapidly,…
Blog BanRep
Last modified
Wednesday the 25th of March, 2026
In each publication you will find easy-to-read articles related to the Colombian and global economy, and to the management of Banco de la República (the Central Bank of Colombia).
Blog BanRep: Why has the Performance of Interest Rates on Government Bonds been so different from the Policy Interest Rate since 2024?
Since early 2024, interest rates on long-term Colombian government debt bonds, hereafter referred to as government bonds, have been increasing.…
Blog BanRep: Policy Interest Rate as a Response to High Inflation
Banco de la República’s policy interest rate is currently 9.25%. The policy interest rate serves as the benchmark that the Bank…
Blog BanRep: Financial and Real Impacts of the Wealth Tax on SMEs
Tax authorities in both advanced and emerging economies have resorted to tax wealth as a tool to increase tax revenues, replace other taxes,…
Blog BanRep: Potential Drivers of Private Consumption
The Colombian economy has been increasing its growth pace over the past quarters in response to the strengthening of domestic demand, which…
Blog BanRep: How have Hard-Discount Stores transformed local Economies?
Hard-discount stores are a retail innovation that has brought significant changes to Colombia’s commercial landscape. Operating under well-known…
