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Colombia Central Bank Raises Rates by 25bps, Alongside Expectations

COLOMBIA
  • Colombian central bank raises rates by 25bps, alongside expectations to 2.00%. The board voted 4-3 to raises rates, with 3 members voting for a larger hike of 50bps.
  • No firm response in COP as yet, with USD/COP trading either side of 3810.
  • Focus remains on upcoming monetary policy report and inflation forecasts.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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