Colombia's central bank raises key lending rate 25 basis points to 5.75 pct
BOGOTA Dec 18 (Reuters) - Colombia cenbank ups rate to 5.75 pct to calm inflation worries Colombia's central bank increased the benchmark interest rate a quarter point on Friday as policymakers try to rein in inflation that is already well above the bank's target range.
The seven-member board decided to boost the lending rate to 5.75 percent, meeting the forecast of 24 of 29 analysts in a Reuters survey this week. (Reporting by Helen Murphy)
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