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The Colombian capital ranks 190th out of 209 cities analyzed in a new study by Mercer — representing a drop of 42 spots from its 2015 edition.

To fight the highest inflation Colombia has seen in 15 years, the nation's central bank raised its benchmark interest rate, up 25 basis points to 7.5%, for the tenth consecutive month.

The highest inflation level since 2001 is "testing Colombia's commitment to preserving the credibility of its inflation targeting regime," says Fitch.

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...

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...

According to a report jointly produced by the gremios (trade groups) ANDI (National Businessmen’s Association of Colombia), FENALCO (National Federation of Merchants), and the Colombian Automotive Committee, in December 2014 new automobile sales in Colombia surpassed 40,000 units...

Photo credit: Loren Moss According to statistics released by DANE (National Department of Statistics), Colombia faced a 2014 inflation rate of 3.66%, an increase of 88% over 2013. The government statistics are important because many charges are set and adjusted annually based on...