Colombia cenbank ups rate 25 bp to calm inflation, current account worries

viernes 19 de febrero de 2016 16:22 GYT
 

BOGOTA Feb 19 (Reuters) - Colombia's central bank raised its benchmark lending rate on Friday to 6.25 percent, the sixth consecutive monthly increase, amid calls for the board to take measures to control the current account deficit and counteract inflationary pressures.

The seven-member board decided to boost the lending rate by 25 basis points, meeting the forecast of analysts in a central bank survey last week. (Reporting by Bogota newsroom)