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Published on Thursday, September 1, 2016

Colombia | BanRep keep its monetary policy rate unchanged at 7.75%

During its August meeting, BanRep’s Board decided to keep its repo rate unchanged at 7.75%. According to the communiqué, six members of the Board voted for interest rate stability while one member voted for a 25bp increase. This is the first time that BanRep publish a voting breakdown.