FX.co ★ Colombia Lifts Key Interest Rate to 12.25% in September Decision

Colombia has raised its benchmark interest rate to 12.25% in its September 2026 decision, nudging borrowing costs higher after holding at 12.00% in August 2026. The latest move signals a continuation of tight monetary conditions as policymakers respond to the current economic environment.

The quarter-point increase from 12.00% to 12.25% marks the first change since the previous level was set in August. While no additional context on inflation or growth has been provided, the decision underscores the central bank’s cautious stance and its preference to maintain a restrictive policy rate.

The updated data, current as of 30 September 2026, will be closely watched by financial markets and investors as they assess the implications for credit costs, investment decisions, and the broader Colombian economy in the coming months.