Printer Friendly

Central bank of Colombia may keep rate steady.

Global Banking News-24 September 2009-Central bank of Colombia may keep rate steady(C)2009 ENPublishing -

Global Banking News - 24 September 2009(c)2005 - Electronic News Publishing -

The central bank of Columbia is expected to keep its rate steady.

Analysts believe that the central bank of Colombia is likely to keep its key interest rate unchanged at 4.5% during its next monetary meeting on Friday. If it does so, it would be the third consecutive month that the bank is maintaining the rate.

On June 19 the central bank cut the rate by a half-point, and had hinted that it would not make further rate cuts.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -
COPYRIGHT 2009 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Sep 24, 2009
Previous Article:OPIC to expand micro-lending partnership with Citigroup.
Next Article:US Airways sells shares to Citigroup.

Related Articles
Colombia central bank keeps rate unchanged.
Central bank of New Zealand may keep rates steady.
Central bank of Taiwan may keep rates steady.
HSBC says Indian central bank may keep rates steady.
Central bank of Columbia may keep rates unchanged.
Indonesia expected to keep rates steady.
Bank of Korea may keep rates steady.
Colombia Bank may keep rates at record low.
Central bank of Czechoslovakia may keep rates steady.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters