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The Bank of the Republic (Spanish: Banco de la República) is the central bank of Colombia. It was initially established under the regeneration era in 1880. Its main modern functions, under the new Colombian constitution were detailed by Congress according to Ley 31 de 1992. One of them is the issuance of the Colombian currency, the peso.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
US dollar exchange rate against Colombian peso, starting from 1991. Colombia used Spanish colonial real until 1820 after independence from Spain was achieved. It was replaced by the Colombian real. In 1837, the Colombian real was replaced by the current peso at a rate of 1 peso = 8 reales and was initially subdivided into 8 reales.
Colombia's central bank board is likely to begin raising its benchmark interest rate at its meeting on Thursday, echoing regional counterparts and ahead of an expected withdrawal of monetary ...
Colombia's benchmark interest rate is set to increase due to rising inflation which has pushed consumer prices above the central bank's target rate, a member of the bank's board said on Wednesday ...
All five board members of the Bank of Mexico voted to raise the country's benchmark interest rate 75 basis points to a record 9.25%, while Colombia's central bank raised its interest rate by 100 ...
Central Bank of Nicaragua: crawling peg to USD Costa Rica: Costa Rican colón: CRC: Central Bank of Costa Rica: float Panama: US dollar / Panamanian balboa: USD / PAB: Federal Reserve Bank / National Bank of Panama: 1.00 PAB = 1.00 USD Colombia: Colombian peso: COP: Banco de la República: float Venezuela: Venezuelan bolívar soberano VEF ...
* Mexican GDP growth beat forecast, but analysts see gloom ahead * Colombian central bank seen hiking by 150 bps to 9% * China Evergrande updates on offshore debt restructuring * Vale slides on ...