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The Board of Directors of the Bank of the Republic decided, by majority, to reduce the monetary policy interest rate by 50 basis points (bps) to 11.25%. (Read:...
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The Financial Superintendency said that banks recorded profits of $2.5 trillion at the end of April, a figure that represented a 32% drop compared to that...
During March 2023, the Colombian households reduced spending on all goods and services, as reported Radar. The contraction was -3% and with it five months of...