Central Bank unexpectedly cuts rate to 4%
Colombia’s central bank unexpectedly cut its benchmark rate for the first time in three months in a bid to revive growth and stem the peso’s rally. The seven-member board, led…
Colombia’s central bank unexpectedly cut its benchmark rate for the first time in three months in a bid to revive growth and stem the peso’s rally. The seven-member board, led…
Some board members of Colombia’s central bank proposed cutting a benchmark interest rate by 25-50 basis points at a meeting in August, when the bank voted to keep the rate…