Central Bank cuts key rate to 3.5%
Colombia’s central bank on Monday said it cut its key overnight interest rate 50 basis points to 3.5 percent, citing a reduction in trade with Venezuela and low economic activity…
Colombia’s central bank on Monday said it cut its key overnight interest rate 50 basis points to 3.5 percent, citing a reduction in trade with Venezuela and low economic activity…
Colombian economic activity will be in a range between 1 percent contraction and 0.5 percent growth this year, according to the central bank’s September inflation report. The bank earlier predicted…
Colombian President Alvaro Uribe Saturday asked the country’s Central Bank to come up with measures to stop the appreciation of the peso against the dollar. The expensive peso is hurting…
Colombia’s central bank unexpectedly cut its benchmark rate for the first time in three months in a bid to revive growth and stem the peso’s rally. The seven-member board, led…
Some board members of Colombia’s central bank proposed cutting a benchmark interest rate by 25-50 basis points at a meeting in August, when the bank voted to keep the rate…
The Colombian central bank’s monthly survey of inflation expectations shows analysts expect the inflation rate for the full-year 2009 to be 3.40%, down from 3.56% expected a month ago. The…
Inflation targeting seems to be the only possible route for Colombia’s central bank, the president of the institution said Tuesday in a debate at the Argentine central bank. “I can’t…
The Colombian central bank’s board on Friday decided to keep its policy interest rate unchanged at 4.5%, a move widely expected by the market. The consensus was for no rate…