Colombia Central Bank to keep interest rate at 3.25%
National interest rates are to be held at 3.25% for another month according to a statement released by Colombia’s Central Bank on Friday.
National interest rates are to be held at 3.25% for another month according to a statement released by Colombia’s Central Bank on Friday.
Colombia’s central bank said Monday the country’s economic growth has likely slowed down in this year’s first quarter compared to the first three months of 2012.
Analysts worry over the consequences of a strengthening peso after Colombia recorded a jump in foreign direct investment in 2012. Colombia, the third largest economy in Latin America, reportedly received $16.7…
The Central Bank of Colombia has unanimously elected Jose Dario Uribe as their chairman until 2017, reported local media Friday. Colombia’s Finance Minister Mauricio Cardenas confirmed the decision earlier today…
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.…
Colombian central bank chairman Jose Dario Uribe has been re-elected to the presidency of the governing board of the Center on Latin American Monetary Studies, or CEMLA, a regional association…
Colombia central bank chief Jose Dario Uribe said Monday the bank’s key interest rate remains low at 3.75%, given the economy’s “good pace” of growth, and said the bank intends…
The International Monetary Fund’s executive board agreed on Friday to extend a $6.22 billion credit line to Colombia, although Colombian officials do not intend to use it. The two-year arrangement,…