FSD Capital Flows Database
One of the main challenges of a central bank is to monitor capital flows in and out of the country. Moreover, even if each central bank has high-quality information, it is difficult to make cross-country comparisons due to the lack of homogenous criteria for monthly frequency. As Portfolio investment is an important component of the Balance of Payments, the Central Bank of Colombia suggested to the Financial Stability and Development (FSD) Network to coordinate the creation of a new database of monthly portfolio investment flows. The main objective of this initiative is to have better access to capital flows data in the region other than the one from private resources and in a timely manner, which will facilitate cross-country comparisons, monitoring, and research on the evolution of these flows.