Central bank narrowly expected to increase key rate
The Central Bank of Colombia may raise its benchmark lending rate for a second straight month at its Friday meeting, a decision that would be spurred by fears that a…
The Central Bank of Colombia may raise its benchmark lending rate for a second straight month at its Friday meeting, a decision that would be spurred by fears that a…
Colombia’s central bank chief Jose Dario Uribe said on Monday that the economy likely grew between 5.6 percent and 6.0 percent in 2011, up from an expansion of 4.3 percent…
The Colombian central bank’s decision to unexpectedly increase its key lending rate in its monetary-policy meeting last month was triggered by concerns over inflation and a surge in credit, minutes…
Colombia’s surprise decision to raise the benchmark lending rate last month was a necessary move that Finance Minister Juan Carlos Echeverry likened to basic “central banking 101.” Echeverry, who sits…
Colombia’s central bank unexpectedly raised borrowing costs after the economy expanded at the fastest pace since 2006, defying President Juan Manuel Santos who said an increase wouldn’t be appropriate. The…
Colombia’s central bank is widely expected to keep its key interest rate on hold during its monetary policy meeting Monday as policymakers remain concerned over the sovereign-debt crisis in Europe…
The chairman of Colombia’s central bank has said for the time being he does not foresee the United States financial crisis in the United States impeding economic growth. In an…
Colombian central bank chairman Jose Dario Uribe on Wednesday blamed the recent sharp appreciation of the peso in January on external factors, mainly a better economic outlook for the U.S.…
Colombia ends the year with a record $32.4 billion in international reserves, an increase of 14% on the 2010 amount, newspaper El Espectador reported Friday. Colombia central bank announced the record…