Central Bank raises interest rate and growth forecast
The benchmark interest rate was raised by 25 basis points to 3.75% and growth forecast by 50 basis points to between 4% and 6% by the board of directors at…
The benchmark interest rate was raised by 25 basis points to 3.75% and growth forecast by 50 basis points to between 4% and 6% by the board of directors at…
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…
Colombian policy makers meeting last month said they expect growth in the economy and employment next year will be similar to that seen in this year, according the minutes of…
Colombia’s central bank will buy dollars in the spot currency market when appropriate, Governor Jose Dario Uribe said. Uribe, speaking to reporters in Bogota, said the bank is “always prepared”…
Colombia’s central bank said the economy’s faster-than-expected expansion isn’t generating inflationary pressure, according to the minutes of the June 18 policy meeting. The seven-member board analyzed economic growth and inflationary…
The Central Bank of Colombia confirmed its benchmark interest rate is to remain at the record low of 3% following April’s shock half-point drop, reports Caracol Radio. The decision came…
The Colombian economy is expected to have grown 2.3% to 3.1% in the first quarter of the year, the Central Bank said in a report released Wednesday. The Central Bank…
Inflation in Colombia is predicted to end the year at 3% according to the Central Bank, while unemployment will remain at similar levels to the end of 2009, reported Portfolio.…
Colombia will today release statistics on its gross domesic product (GDP) in the fourth quarter of 2009, which are expected to show a return to growth. Jose Dario Uribe, the…