Central Bank raises benchmark rate to 3.5%
Colombia’s central bank increased its benchmark interest rate for a second consecutive monetary policy meeting Friday and said it would continue raising rates in a gradual manner, citing a pickup…
Colombia’s central bank increased its benchmark interest rate for a second consecutive monetary policy meeting Friday and said it would continue raising rates in a gradual manner, citing a pickup…
Colombia’s central bank is expected to increase its benchmark interest rate in its next monetary policy meeting on Friday to squash persistent fears of faster inflation. A survey by Dow…
Minutes from the Colombian central bank’s last policy meeting, where it raised rates amid a growing economy and faster inflation, indicate the bank nonetheless sees “a great deal of uncertainty”…
The Colombian economy will expand 4.15% in 2011, according to a survey of top executives by the central bank. The figure is at the bottom of the central bank’s official…
The Colombian Central Bank registered losses of $141.74 million for the fiscal year 2010, El Espectador reported Thursday. This came as unwelcome news to the government, which needs all of…
In a surprise move, Colombia’s Central Bank raises the benchmark interest rate to 3.25%, contrary to expectations of economists, reported El Espectador on Friday. The announcement was made by Central…
Colombia’s central bank purchased $400 million in January, in line with its policy of soaking up dollars from the currency market in a bid to halt the peso’s surge, the…
Colombia’s central bank is maintaining its inflation outlook, warning consumer prices could accelerate in the coming months but are likely to slow in the second half of the year. Jose…
Colombia’s central bank Monday left its benchmark interest rate unchanged, as expected, saying that while there was an uptick in inflation in late 2010 it was mostly supply-driven due to…