Colombia's central bank decides on Friday whether to raise the interest rate, currently at 12.25%
The board of Colombia's Banco de la República meets this Friday, October 30, to decide on the interest rate, which stands at 12.25%. According to the ANIF survey, 13 of the 19 analysts consulted expect a 25 basis point increase, which would leave the rate at 12.50%, while six expect it to stay unchanged. The decision comes with inflation above 6.3%, far from the 3% target.
In 35 seconds
- The central bank's interest rate is at 12.25% and the board decides this Friday, October 30.
- 13 of 19 analysts surveyed by ANIF expect a 25 basis point hike to 12.50%; six expect it to hold.
- Inflation stands above 6.3%, far from the 3% target.
IASummary generated by artificial intelligence from a story by Vanguardia. It may contain errors: the original source prevails.




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