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Business & Finance

Colombia's central bank holds key lending rate at 4.25pc, as expected

The board is expected to hold the rate until sometime next year. BOGOTA: Colombia's central bank held its ben
Published October 31, 2019
  • The board is expected to hold the rate until sometime next year.

BOGOTA: Colombia's central bank held its benchmark interest rate steady at 4.25pc yet again at its meeting on Thursday, as expected by the market.

The unanimous decision met the predictions of all analysts in a Reuters survey last week.

The board is expected to hold the rate until sometime next year.

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