Colombia’s central bank raised its benchmark interest rate to 12.00% in June 2026, up from 11.25% in May, extending its monetary tightening cycle as it seeks to steer the economy through ongoing inflationary pressures and financial stability concerns.
The latest move marks a 0.75 percentage point increase in the policy rate compared with the previous decision in May 2026, when the benchmark had been held at 11.25%. With the June adjustment, borrowing costs in Colombia have reached a new peak for this cycle, signaling the central bank’s continued focus on containing price growth and anchoring expectations.
The updated figures, current as of 30 June 2026, will be closely watched by investors and businesses assessing the outlook for credit conditions, consumer demand, and capital flows in Latin America’s fourth-largest economy.
