Leonardo Villar

Money Moves

Held rate at 12.25% on October 30 after September hike

Colombia's central bank held its benchmark rate at 12.25% on October 30 in a 4-3 vote, with three directors pushing for another quarter-point hike. The board had raised the rate from 12% on September 30, the first policy decision of President Abelardo De La Espriella's term.

Updated 6 days ago