September 23, 2019 / 6:18 PM / 25 days ago

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

BOGOTA, Sept 23 (Reuters) - Colombia’s central bank board unanimously held its benchmark interest rate steady at 4.25% yet again at its meeting on Monday, as expected by the market.

The board also raised its growth prediction for this year to 3.2% from 3%, taking it closer to the government target of 3.6%.

The decision met the predictions of all analysts in a Reuters survey last week. The board is expected to hold the rate until next year. (Reporting by Bogota newsroom Writing by Julia Symmes Cobb )

Nuestros Estándares:Los principios Thomson Reuters
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