Tag: Colombia Central Bank

• Friday, March 5th 2021 - 08:40 UTC

  Colombia and Peru want to centralize gold purchases to combat illegal extraction

  

  Colombia and Peru are studying the possibility of centralizing gold purchases, in an effort to combat illegal and informal extraction. Colombian President Ivan Duque said his government is considering the move to stymie the role illegal mining plays in fueling a decades-long internal conflict.

• Saturday, October 31st 2020 - 16:07 UTC

  Colombia's central bank pauses interest rate cuts as it gauges recovery strength

  

  Colombia became the latest emerging market to end a series of interest rate cuts, joining peers from Brazil to South Africa as it recovers from the pandemic. After the decision, the central bank said that Governor Juan Jose Echavarria will retire early next year.

• Saturday, December 17th 2016 - 17:03 UTC

  Colombia's Central Bank lowers interest rate to tack inflation

  

  The Central Bank of Colombia Friday surprisingly decided to lower the interest rate by 25 basis points to 7.50 percent to support the recovery of the economy and to push inflation towards the target set for the coming semester.

• Monday, October 15th 2012 - 07:50 UTC

  Brazil good at global PR, but loses ground as an IMF group leader

  

  A good one and a bad one for Brazil: The New York Times announced on Sunday that it will launch an online edition Portuguese language edition in 2013 given the country’s growing global clout, but on the other hand Brazil’s nine nation constituency at the IMF will lose a member, Colombia that will join Mexico.