Colombia Raises Interest Rate to 12.25% in Surprise Central Bank Move
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11 Articles
Bogotá, 30 Sep (EFE).- The Bank of the Republic of Colombia (monetary authority) announced on Wednesday an increase of 25 basic points in its interest rate of monetary policy, up to 12.25 %, before the rebound of inflation.The decision - taken at the first meeting of the board of directors in which it participates [...] The entry The Central Bank of Colombia raises interest rates to 12.25 %, by the rebound of inflation was first published in Hol…
That is to say, the rate remains at 12.25%, its highest level since the recovery of the pandemic.The decision was supported by the Finance Minister himself.The post In Miguel Gómez's first meeting, Banrep raises interest rate at 25 points appeared first on La Silla Empty.
The Banco de la República (Banrep), Colombia's central bank, increased its benchmark interest rate from 12% to 12.25% per year, the highest level since 2024, in a split vote on Wednesday. Of the seven members of the monetary policy committee, four supported the decision, two argued that interest remained unchanged and one voted in favour of a more expressive increase of 0.50 percentage point. Exclusive material for subscribers. To have full acce…
Minister of Finance defends a “moderate” rise and attributes inflation to oil, El Niño and the earthquake
Bogotá, Sep 30 (Prensa Latina) The Board of Directors of the Banco de la República de Colombia decided by majority to increase by 25 basic points the interest rate of monetary policy to 12.25 percent, reported the issuing entity itself. The post Increases interest rates in Colombia to 12.25 percent first appeared on Noticias Prensa Latina.
www,finanzasdigital.com n an unexpected move for analysts and investors, the Board of Directors of the Bank of the Republic of Colombia agreed this Wednesday, by majority, to increase...
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