Report of the Board of Directors to the Congress of the Republic - July 2018

Board of Directors; Cárdenas-Santamaría, Mauricio; Board Members; Hernández-Correa, Gerardo; Maiguashca-Olano, Ana Fernanda; Ocampo-Gaviria, José Antonio; Zárate-Perdomo, Juan Pablo; Soto, Carolina; Governor; Echavarría, Juan José

Report of the Board of Directors to the Congress of the Republic - July 2018

Introduction The Board of Directors´ Report to the Congress of Colombia Summary - July 2018 (40.92 KB)

The Board of Directors´ Report to the Congress of Colombia Summary - July 2018 (1.81 MB)

Box 1. Colombia’s Flexible Credit Line with the IMF (77.23 KB)

Box 2. New Regulatory Framework for Foreign Exchange Market Operations (59.55 KB)

Box 3. Payment systems of Banco de la República: availability and technological events that occurred in 2017 (146 KB)

Report of the Board of Directors to the Congress of the Republic - July de 2018

Date published

2018-08-03

Authors

Board of Directors
Cárdenas-Santamaría, Mauricio
Board Members
Hernández-Correa, Gerardo
Maiguashca-Olano, Ana Fernanda
Ocampo-Gaviria, José Antonio
Zárate-Perdomo, Juan Pablo
Soto, Carolina
Governor
Echavarría, Juan José

ISSN

1657-799X

Document language

eng

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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

The evolution of the Colombian economy during the first half of 2018 shows that the process of adjustment to the shocks of the last few years has consolidated simultaneously with an upturn in economic activity and improvement in consumer and entrepreneur confidence. The recent recovery has taken place within a context of high volatility in global capital markets, which has affected a number of emerging markets, and to which the Colombian economy has responded satisfactorily.
Box 1. Colombia’s Flexible Credit Line with the IMF
Box 2. New Regulatory Framework for Foreign Exchange Market Operations
Box 3. Payment systems of Banco de la República: availability and technological events that occurred in 2017
Box 4. Crypto-assets - Share of the Bank for International Settlements held by Banco de la República