# Banco de la República (the Central Bank of Colombia) will roll over Forward Contracts maturing in September

> Banco de la República's board decided to roll over non-delivery forward contracts for US dollar sales through auctions until its September 25 meeting. The decision was announced at the August 31 board meeting.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/51901-banco-de-la-republica-the-central-bank-of-colombia-will-roll-over-forward
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

Rolling over dollar-sale forwards keeps FX supply steady in the Colombian market, so it has little direct effect on feed or commodity prices.

## Read by commodity

- USDCOP: neutral

## Sources

- banrep.gov.co: https://www.banrep.gov.co/en/node/53651/printable/print

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.