Banco de la República to buy USD 2 billion from the government to bolster international reserves

FinanceColombiaEl EspectadorOct 30, 2026, 1:50 PM45 s readAI summary

The board of Banco de la República authorized the direct purchase of USD 2 billion from the national government as a complement to its international reserves accumulation program. The operation will be carried out through the Public Credit and National Treasury Directorate of the Ministry of Finance, will be executed over the remainder of 2026 and will be priced at the exchange rate in force on the day of the operation. The central bank is also considering offsetting measures to keep short-term interest rates in line with the policy rate.

In 45 seconds

The USD 2 billion purchase will be executed over the remainder of 2026 at the exchange rate in force on the day of the operation.
It adds to the reserves accumulation program the bank has run since August 2026, under the same conditions and calendar.
The central bank is considering offsetting measures to keep short-term rates in line with the policy rate.

Read the full story at El Espectador

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

Banco de la República
reservas internacionales
TRM
Ministerio de Hacienda
política monetaria

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Banco de la República to buy USD 2 billion from the government to bolster international reserves

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