Applicable Interest Rates to Currency Exchange Transactions (Operaciones de cambio)
Prepared by Emiliana Garay By Ruling SC2795-2024 dated November 29, 2024 (SC2795-2024. Rad. No. 11001-31-03-001-2018-00093-01. M.P.: Octavio Augusto Tejeiro Duque), the Colombian Supreme Court of Justice established, by analogy, the applicable interest rate for currency exchange transactions. In Colombia, the interest rate for domestic transactions -understood as transactions executed between Colombian residents- is primarily […]
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