Colombia's central bank to buy US$2 billion from the government to strengthen reserves

FinanceColombiaEl ColombianoOct 30, 2026, 6:24 PM40 s readAI summary

The board of Banco de la República authorized the direct purchase of US$2 billion from the national government to strengthen international reserves and complement the foreign currency accumulation program in place since August 2026. The operation will be carried out through the Ministry of Finance's Directorate General of Public Credit and National Treasury during the remainder of 2026, at the exchange rate (TRM) in force on the transaction date, according to governor Leonardo Villar.

In 40 seconds

The central bank's board authorized buying US$2 billion directly from the national government.
The operation will run through the Directorate General of Public Credit and National Treasury, at the TRM in force on the transaction date.
It adds to the reserve accumulation program the central bank has run since August 2026, which keeps its conditions and calendar.

Read the full story at El Colombiano

IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.

Banco de la República
reservas internacionales
divisas
Ministerio de Hacienda
TRM

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Colombia's central bank to buy US$2 billion from the government to strengthen reserves

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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