LatAm Daily | Colombia’s BanRep unanimously raises MPR by 25bp

BanRep’s Board decided to increase its MPR by 25bp after some concerns regarding inflation and inflation expectation risks in Colombia. Another 25bp hike is forecasted for 4Q15 in view of the MP stance and inflation dynamics. In Mexico, the trade balance recorded a deficit far beyond our expectations driven by contraction of exports (oil and manufacturing).

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