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These Are the Implications of Colombian Interest Rates Ending at 12%
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The Banrep Board of Directors increased its interest rates by 100 p.b. Photo: Banco de la República. Various forecasts that maintain the possibility of interest rates in Colombia rising to 12% by December of this year. The need to reduce the complications generated by very high inflation, as well as risk scenarios that seem to materialize, are the main reasons that the Bank of the Republic has to keep its monetary policy restrictive. If interest…
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