Friday, 21 August 2026

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Facade of the Bank of the Republic in Bogotá at sunset, with a cloudy sky

The Bank of the Republic to raise rates to 12.5% in July, ending the cycle of increases

Analysts expect the Bank of the Republic to raise rates to 12.5% in July, marking the last increase of the cycle. Inflation is projected to close 2026 at 6.61%.