Colombia continues to reduce interest rates
The Colombian government lowered interest rates to help stimulate the economy during a time of international crisis, reported local media Friday. Jose Dario Uribe, manager of the Republic Bank, explained…
The Colombian government lowered interest rates to help stimulate the economy during a time of international crisis, reported local media Friday. Jose Dario Uribe, manager of the Republic Bank, explained…
Colombia’s central bank unexpectedly reduced its main interest rate Friday for the first time since 2010 amid signs the economy is at risk of a sharp downturn due to declining…
Colombia’s trade minister urged the country’s Central Bank Thursday not to raise interest rates and to purchase more U.S. dollars to mitigate the negative effects of the Colombian peso’s revaluation. Minister Sergio Diaz-Granados…
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…
Colombia’s central bank raised its benchmark interest rate on Friday for the first time in four months and warned it could adjust monetary policy “rapidly” if the global economic crisis…
Colombia’s central bank holds its monthly monetary policy meeting Friday, and while most analysts believe the bank will increase its benchmark interest rate for the first time in four months…
Central Bank interest rate pause for September 30 is likely due to concerns of board members about global economy. The minutes from Colombia central bank’s August meeting, released Friday, highlight…
Colombia’s central bank on Friday raised its benchmark interest rate by 25 basis points to 4.25 percent, but analysts detected signals pointing to a pause in the bank’s rate-hiking campaign…