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After a thorough evaluation of the most recent indicators of economic activity, inflation, the credit market and international financial conditions, Banco de la República's board of directors (BDBR) decided unanimously on March 26 to hold the benchmark interest rate at 1.75%.
The monetary…
Banco de la República's board of directors (BDBR) in its meeting on March 26 held the benchmark interest rate at 1.75%. The unanimous decision to maintain an expansive monetary policy position takes into account the following considerations:
The President, Iván Duque Márquez, officially invested the new members of the Board of Directors of Banco de la República, Ms. Bibiana Taboada Arango and Mr. Mauricio Villamizar Villegas, at a ceremony held at Casa de Nariño. These prominent economists will serve on the Central Bank’s Board of…
President Ivan Duque Marquez has appointed Jaime Jaramillo Vallejo, an experienced economist, as a new member of the Board of Directors of Banco de la República in place of Arturo Galindo. The Board of Directors extends its welcome.
Dr. Jaramillo has a Ph.D. in Economics from Boston…
The President of Colombia, Ivan Duque, has appointed Mauricio Villamizar and Bibiana Taboada, both prominent economists, to replace Gerardo Hernandez and Ana Fernanda Maiguashca as new members of the Board of Directors of the Banco de la República. The Board of Directors welcomes them.
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Overall inflation (1.61%) and core inflation (excluding food and regulated items) (1.11%) both declined…
En su sesión del 29 de enero, la Junta Directiva del Banco de la República revisó la última información disponible sobre actividad económica, inflación y condiciones internacionales. La Junta decidió mantener la tasa de política After considering the most recent information available on economic…
Banco de la República’s board of directors (BDBR) in its meeting on January 29 held the benchmark interest rate at 1.75%. The decision was based on the following considerations:
As delegated by the Board of Directors of Banco de la República, the Monetary and Exchange Intervention Committee decided today, in its ordinary session, that the Central Bank will rollover its U.S. dollar non-delivery forward contracts in February 2021, through auctions held on the maturity…
After considering the most recent information available on economic activity, inflation, and international conditions, Banco de la República's board of directors (BDBR) in its meeting on December 18 held the benchmark interest rate at 1.75%. Five board members voted in favor of leaving the rate…
Banco de la República’s board of directors (BDBR) in 2021 will resume its regular practice of considering changes to the benchmark interest rate in only eight of its 12 ordinary annual meetings. The BDBR will continue to take up remaining issues within its purview in each of its meetings.
…Banco de la República’s board of directors decided on December 18 to hold the benchmark interest rate at 1.75%. The decision was based on the following considerations:
As delegated by the Board of Directors of Banco de la República, the Monetary and Exchange Intervention Committee decided today, in its ordinary session, that Banco de la República will rollover its U.S. dollar non-delivery forward contracts in January 2021, through auctions…
The Board of Directors reviewed the latest available information on economic activity, inflation, and international conditions in their November 27 session. The monetary policy discussion took the following aspects into account:
The Board of Directors is keeping the inflation target (annual change in the CPI) at 3% within a range between 2% and 4%.
The Board of Directors will continue careful monitoring of inflation trends, economic activity, the forecasts for these variables, and the international situation and…
During today’s meeting, the Board of Directors of the Banco de la Republica unanimously decided to hold the policy rate at 1.75%. This decision was made on the basis of the following considerations:
As delegated by the Board of Directors of Banco de la República, the Monetary and Exchange Intervention Committee decided today, in its ordinary session, that Banco de la República will rollover its U.S. dollar non-delivery forward contracts in December 2020, through auctions…
From Tuesday, 3 November 2020 onwards, the official time for publication of the Minutes of the meetings of the Board of Directors will be 5:00 pm on the first working day following the Board's meeting, instead of the previously established time (1:00 pm).
The purpose of this change…
