Colombian Central Bank Keeps Key Rate at 9.25 Percent (Update1)
Story date: 2007-10-26 12:04:00
Added on: 2007-10-26 15:00:23
Bloomberg - Colombia's peso has gained almost 7 percent since the Fed lowered the benchmark U.S. interest rate a half-percentage point to 4.75 percent on Sept. 18. Colombia's overnight lending rate is almost double the U.S. rate. The peso rose 0.8 ...
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