Colombia's central bank raises key lending rate to 5.5 pct
BOGOTA Nov 27 (Reuters) - Colombia's central bank increased the benchmark interest rate by a quarter point on Friday in an effort to stem rising inflation that is already well above the bank's target range.
The seven-member board decided to boost the lending rate to 5.50 percent, meeting the forecast of nine of 21 analysts in a Reuters survey. (Reporting by Bogota newsroom)
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