Colombia's central bank to buy US$2 billion from the government in 2026

FinanceColombiaVanguardiaOct 30, 2026, 5:58 PM50 s readAI summary

The board of Banco de la República authorized the direct purchase of US$2 billion from the Colombian government before the end of 2026, using dollars available at the Ministry of Finance and at the exchange rate (TRM) in force on the day of each operation. Governor Leonardo Villar said the decision seeks to strengthen international reserves amid high global uncertainty, elevated interest rates and tight financial conditions. The operation adds to the reserve accumulation program the central bank has run since August, through which it has bought about US$1.1 billion.

In 50 seconds

The US$2 billion purchase will take place before the end of 2026, through the Ministry of Finance's Directorate General of Public Credit and National Treasury.
The price will be the TRM in force on the day of each operation and the funds will go directly into international reserves.
It adds to the accumulation program started in August, under which the central bank has bought about US$1.1 billion through monthly US$400 million option operations.

Read the full story at Vanguardia

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

Banco de la República
reservas internacionales
dólar
Ministerio de Hacienda
TRM

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Colombia's central bank to buy US$2 billion from the government in 2026

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