Rates round-up: Colombian central bank holds at 13.25%

Dominican Republic cuts rates, while other central banks in the region stay on hold

Banco de la Republica
Central Bank of Colombia branch in Cartegena
Rachael King

Colombia: The Central Bank of Colombia held rates at 13.25% at its monetary policy meeting on June 30.

The central bank’s board of directors voted unanimously to halt the rapid tightening cycle it has implemented to tame above-target inflation.

Colombia is the last major Latin American central bank to stop rate increases, following Brazil, Mexico, Chile and Peru.

“Annual inflation in May continued to decrease, primarily driven by the fall in food inflation, despite the rises in inflation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.