Interest rate choices in Colombia are made by the Central Bank of Colombia (Banco de la Republica), which is the country's central bank. The central bank executes monetary policy through modifying interest rates, which either provide or withdraw liquidity from the economy. These are the intervention interest rates, which are the official interest rates (Tasas).
A higher than expected figure should be seen as positive (bullish) for the COP while a lower than expected figure should be seen as negative (bearish) for the COP.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.