Colombia
Fitch upgrades Colombia and Philippines
Fitch upgrades Colombia and Philippines one notch each as emerging markets bolster public finances; outlook reflects solid macroeconomic policies and strong public finances
Brazil slams IMF proposal on capital controls
Brazil’s finance minister Guido Mantega rejects IMF proposals for establishment of framework on capital controls; attacks Fund’s laissez-faire policy on capital movements
Central Bank of Colombia paper on too-connected-to-fail
Central Bank of Colombia study calls for too-connected-to-fail rather than traditional too-big-to-fail approach
Policy reform provided shelter from global storm: IMF paper
IMF research examines how monetary policy reform in Latin America enabled economies there to weather the global financial crisis
Colombia revisits currency redenomination debate
Central Bank of Colombia governor José Darío Uribe says there are benefits to be had from redenominating peso, despite costs
Peru raises reserve requirement in bid to stem capital inflows
Central Bank of Peru increases reserve requirement on overseas loans to 75%
Venezuela cautiously reopens forex markets
Central Bank of Venezuela introduces tough rules for new regulated foreign currency market; bond trades will be carried out on new system under central bank's watch
Rates on hold – Colombian minutes
Minutes of the Colombian central bank’s December policy meeting show inflation is not yet a concern
Uribe: restricted FX exposure helped Colombia
Central Bank of Colombia’s José Dario Uribe says the limited exposure of the country’s corporate sector to currency risk sheltered it from Lehman’s collapse
Floating rate key defence, says Colombia’s Uribe
Central Bank of Colombia’s José Uribe says a flexible exchange rate proved crucial in coping with the global financial crisis
Colombia requests "insurance" credit line from IMF
Colombia became the second Latin American country this year to ask for a credit line from the International Monetary Fund (IMF), when it requested $10.4 billion to help it withstand the global financial crisis.
Banco de la Republica, Colombia - minutes
The board of directors of the Banco de la Republica, Colombia decided unanimously to cut the intervention rate by a half a basis point to 9.50%, the minutes of the 19 December meeting show.
Colombia fights above-target inflation
The board of directors of the Banco de la Republica Colombia were unanimous in deciding to raise the central bank's benchmark rate by 25 basis points to 10%, the minutes of the 25 July meeting show.
Banco de la Republica, Colombia minutes
The board of directors of the Banco de la Republica Colombia decided unanimously to leave the intervention rate at 9.75%, the minutes of the 20 June meeting show.
Colombia's communication challenge
Jose Dario Uribe, the governor of the Banco de la Republica, is well aware of the dangers of letting above-target inflation influence long-term price expectations. But it is trickier convincing others
Colombia’s communication challenge
Lavan Mahadeva, Diana Mejía Anzola and Jose Darío Uribe Escobar outline the steps the Colombian central bank has taken in communicating with different audiences
Colombian central bank enters market again
In efforts to reduce fluctuations in the value of the peso, Colombia's central bank has sold dollar put options for the second time this year.
Central banks get cheaper cash from companies
Private-sector involvement in the printing of banknotes substantially lowers costs, research published by Colombia's Banco de la Republica finds.
Banco de la Republica - Annual Report 2007
At 6.8%, the Colombian growth rate in 2006 surpassed all predictions.
Colombia will benefit from free trade with US
Juan Mauricio Ramirez, a vice president of the Private Council of Competitiveness and a former head of the inflation and macroeconomic programming department at the Banco de la Republica, takes issue with Joseph Stiglitz's views on the proposed Free…
Colombia holds rates at 9.25%
The Banco de la Republica decided on Friday to keep its benchmark rate at 9.25%.
Stiglitz praises Chavez's "Bank of the South"
Joseph Stiglitz, a former World Bank chief economist and Nobel laureate, commended plans put forward by Venezuela's president Hugo Chavez for a regional lender for Latin America.
Colombia's Uribe highlights new challenges
The integration of Colombia into the global economy has presented two policy challenges, says Jose Dario Uribe, the governor of the Banco de la Republica, Colombia.
Uribe charts Colombia's progress
Bilateral trade agreements are allowing Colombia to profit more from globalisation, according to Jose Dario Uribe, the governor of the Banco de la Republica, Colombia.