Colombia’s central bank moved to tighten Colombia’s money supply yesterday, by raising the benchmark interest rate a quarter of a percentage point to 6.25%. Colombia is facing inflationary pressures due to the precipitous fall of its Colombian peso against the US dollar, falling...
At its October meeting, the Board of the Central Bank decided by majority to give a 50-bp hike to the repo rate to 5.25%. This adjustment was above our expectation and market consensus, which aimed at a 25-bp increase. In addition, the Bank reactivated auctions of FX call options...
Colombia’s Central Bank board at its meeting last Friday decided to keep the country’s benchmark interest rate at 4.5% taking into account the following: The United States economy is expanding at a slower pace, and the Euro area and Japan are showing signs of gradual recovery....
The Board of Colombia’s Bank of The Republic, at its meeting last Friday decided to keep the benchmark interest rate at 4.5%. According a statement released by the Central Bank, the Board took into consideration the following aspects when reaching its decision: The average...
Global meeting and events organizer Markets Group is gearing up for a one day pan regional meeting hosting leading fixed income investors from throughout Latin America, including pension funds, sovereign reserves, and central bankers. The event is designed to demystify the...