Markets: Colombia

Key Facts

—Auction. Banco de la República approved about US$399.9 million of the US$877.5 million offered in its first reserve-accumulation auction.

—Program. The auction is the opening step of a plan to build up to US$4 billion in international reserves, announced on July 31, 2026.

—Goal. The central bank wants to inject more dollars into the local market and ease pressure on a peso trading near a seven-year high.