rates

Credit card rates, hard to go down | Finance | Economy

While the Banco de la República lowered the rate of its main instrument of intervention in the market by 200 basis points (two percentage points), with the intention of stimulating the economy and influencing a generalized drop in interest on credit, those of credit cards have only dropped a little more than 100 basis points … Read more

The Central Bank defines today a new rate adjustment

Central sources told this newspaper that today’s meeting will take several hours. Given the rumors of an eventual adjustment of the rate of passes to one day from 30 to 33% and those of 7 days from 33 to 36%, official sources assured that “there is no firm decision yet.” However, another person with knowledge … Read more