Colombia's central bank holds key lending rate at 4.5 pct, as expected
BOGOTA Nov 28 (Reuters) - Colombia's central bank held the benchmark interest rate steady as expected on Friday as on-target inflation allows policymakers to delay further increases amid worry over a drop in global oil prices and the impact on the economy.
The seven-member board voted to maintain the lending rate at 4.5 percent for a third month, meeting the forecast of 15 out of 16 analysts in a Reuters survey this week. (Reporting by Bogota newsroom)
© Thomson Reuters 2016 All rights reserved.