Dossier
Colombian Central Bank
Coverage of Colombian Central Bank in the Nexus archive.
- Colombia Buys Dollars in Spot Market as Swap Payment Looms
Colombia buys dollars in the spot market ahead of a swap payment. The country's central bank is taking steps to manage its currency. This move aims to stabilize the exchange rate.
- Colombia Forces Pension Funds to Cut Assets Held Overseas to 30%
Colombia's government mandates pension funds to reduce overseas assets to 30% as part of economic reforms. The central bank plans a second consecutive 100bps rate hike, raising the benchmark rate to 11.25% to stabilize the currency.