27 de julio de 2017 / 20:19 / en 4 meses

Colombia central bank cuts interest rate to 5.50 pct, as expected

BOGOTA, July 27 (Reuters) - Colombia’s central bank lowered the benchmark interest rate to 5.50 percent on Thursday in a bid to stimulate economic growth as analysts and the government reduce their expansion predictions for the year.

The board reduced the lending rate by 25 basis points, as expected by the majority of analysts in a Reuters survey. (Reporting by Bogota newsroom; Editing by Steve Orlofsky)

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