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Mercados

Colombia's central bank holds key lending rate at 4.25%, as expected

BOGOTA, Jan 31 (Reuters) - Colombia’s central bank unanimously held its benchmark interest rate steady at 4.25% yet again at its meeting on Friday, as expected by the market.

The decision met the predictions of all analysts in a Reuters survey last week, who were divided over expectations for the board to hold the rate in 2020 or raise it by between 25 and 75 basis points in the coming months. (Reporting by Oliver Griffin Editing by Chris Reese)

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