Colombia | BanRep continues tightening
Published on Friday, March 18, 2016 | Updated on Friday, March 18, 2016
Colombia | BanRep continues tightening
In a split decision, the board voted to lift the key rate by a quarter point to 6.5%, in line with market and BBVA Research expectations. Concerns over inflation and the current account deficit continue to be the main reasons behind the tightening cycle.
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