Servicios

At its session today, the Board of Directors of Banco de la Republica (the Central Bank of Colombia) appointed Mr José Dario Uribe-Escobar(*) as Governor of Banco de la Republica for the four-year period beginning in January 4 2013. Mr. Uribe has been acting as this institution’s Governor…
In its policy discussion, the Board considered the following elements: 
Questions and answers
The Board of Directors of Banco de la República, in its meeting today, approved the financial statements of the Central Bank for the 2019 period. Both the Auditor General of the Bank as well as the external auditing firm Deloitte & Touche Ltda. issued their opinions with no comments.…
The Board of Directors of Banco de la República, in accordance with Act 31 of 1992, confirms that the inflation target is 3.0%, and reiterates that the monetary policy actions undertaken so far are aimed at driving inflation to a range of 3.0% ± 1 pp in 2017 and consolidate its convergence to 3.0…
The Board of Directors of Banco de la República, in its meeting today, decided to maintain the benchmark interest rate at 4.25% For this decision, the Board mainly took into account the following aspects:
The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%. For this decision, the Board mainly took into account the following aspects:  
The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%. For this decision, the Board mainly took into account the following aspects: 
The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%.   The Board of Directors of Banco de la República at today’s meeting decided to maintain the benchmark interest rate at 7.75%. For this decision, the Board mainly took…
The Board of Directors of Banco de la República at today’s meeting decided to reduce the benchmark interest rate by 25 bp to 7.5%. For this decision, the Board mainly took into account the following aspects: 
In March, annual headline inflation reached 7.4%, while inflation excluding food and regulated items stood at 6.8%. These figures consolidate the downward trend in price variation observed throughout 2023. The reduction in annual inflation was largely driven by decreases in the goods and food…
Annual headline inflation continued its downward trend during February, standing at 7.7% and exhibiting a cumulative drop of 1.5 percentage points during the first two months of the year.
 For September, total headline inflation closed at 11% and core inflation (excluding food and regulated items) at 9.5%. These values are lower than those observed in August yet remain high and well above the target.
In December, annual inflation remained at 5.2%, unchanged from the levels seen in November.  Core inflation, excluding food and regulated items, fell from 5.4% to 5.2%, driven by lower inflation in services prices, whose inflation remains at 7%.The annual inflation rate has been steadily…
In its policy discussion, the Board considered the following elements: 
In their policy discussion, the Board of Directors took the following factors into account:
Inflation remains on a downward path, falling for eight consecutive months and reaching 10.15% in November. This trend was aided in November by the positive performance of food prices, whose annual inflation stood at 8.25%, falling by more than two percentage points below that recorded in October.…
In August, headline inflation stood at 0.7%, above the 0.5% expected by the technical staff and market analysts. Headline annual inflation came in at 11.4%, decreasing for the fifth consecutive month, and core inflation (excluding food and regulated items) decreased for the second month, reaching…
International reserves amount to USD 62,885 million as of October 24th, 2024. Their recent dynamics is mainly explained by the accumulation program and the favorable returns obtained. This amount, together with the Flexible Credit Line provided by the International Monetary Fund, strengthens…
Act 31/1992 stipulates that the Board of Directors of Banco de la República must define and announce the inflation target. In accordance with this legal mandate, the BDBR is prepared to announce that it has set a target of 3.0% within a range of 2.0% to 4.0%. Inflation has…
The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 6.0%. For this decision, the Board mainly took into account the following aspects:
The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 6.25%. For this decision, the Board mainly took into account the following aspects:
The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 5.50%. For this decision, the Board mainly took into account the following aspects:Annual consumer inflation in October stood at 5.89%, and the average of the four measures…
The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 5.75%. For this decision, the Board mainly took into account the following aspects: 
The Board of Directors of Banco de la República at today’s meeting decided to increase the benchmark interest rate by 25 bp to 4.75%. The Board took into consideration mainly the following aspects: