• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Colombia's central bank holds interest rate at 12.25% in majority vote

FinanceColombiaZona Cero30 s readAI summary

The Board of Directors of Banco de la República decided to keep the interest rate unchanged for November, leaving it at 12.25%. Four directors voted to hold it and three voted for a 25-basis-point increase. The decision took into account that annual inflation in September edged up to 6.3%, below market expectations, and that analysts' expectations for December 2026 rose slightly to 6.9%.

In 30 seconds

  • The interest rate stays at 12.25% for November
  • Four directors voted to hold it and three voted for a 25-basis-point hike
  • Annual inflation in September stood at 6.3%, slightly below expectations
Read the full story at Zona Cero

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

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