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Colombia central bank holds key interest rate at 7.75 pct amid still-high inflation
September 30, 2016 / 6:01 PM / a year ago

Colombia central bank holds key interest rate at 7.75 pct amid still-high inflation

BOGOTA, Sept 30 (Reuters) - Colombia’s central bank held its benchmark interest rate unchanged on Friday, as expected by analysts, as policymakers attempt to quell stubbornly high inflation even as economic growth slows.

The seven-member board decided to maintain the lending rate at 7.75 percent, as predicted unanimously by analysts in a Reuters survey. (Reporting by Julia Symmes Cobb; editing by Diane Craft)

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