Investing.com - Colombia’s benchmark interest rate rose unexpectedly in the last quarter, official data showed on Friday.
In a report, Banco de la Republica Colombia said that Colombian Interest Rate Decision rose to a seasonally adjusted 3.50%, from 3.25% in the prior quarter.
Analysts had expected Colombian Interest Rate Decision to remain unchanged at 3.25% in the last quarter.
In a report, Banco de la Republica Colombia said that Colombian Interest Rate Decision rose to a seasonally adjusted 3.50%, from 3.25% in the prior quarter.
Analysts had expected Colombian Interest Rate Decision to remain unchanged at 3.25% in the last quarter.