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Unions and Analysts Support the Bank of the Republic's Decision - Paisa Nation
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The president of the Colombian-American Chamber of Commerce (AmCham), María Claudia Lacouture, welcomed the decision by the Central Bank to keep the current policy interest rate unchanged at 9.25%. According to the union leader, the Central Bank (the issuer) made this decision because the national environment still lacks the necessary certainty to reduce the cost of money. "Prudence, under these conditions, protects stability. That responsibilit…
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