Banco de la República (Colombia)

Banco de la República is Colombia's central bank, responsible for managing the country’s monetary policy, controlling inflation, and overseeing the financial system. It aims to maintain stable prices and promote economic growth. The bank issues currency, manages foreign reserves, and regulates interest rates to influence economic activity. Additionally, it plays a key role in shaping financial regulations to ensure the stability of the banking system. By conducting research and providing financial data, it supports informed decision-making within the economy. Overall, Banco de la República is crucial for Colombia’s financial health and economic stability.