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View Full Version : Colombia Raises Main Rate to 5.25% to Slow Credit-Fueled Economic Growth - Bloomberg



NewsWhore
02-24-2012, 05:00 PM
Colombia Raises Main Rate to 5.25% to Slow Credit-Fueled Economic Growth (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFoqOo-QFSzHKIncF8Rra-1FrPYIg&url=http://www.bloomberg.com/news/2012-02-24/colombia-raises-main-rate-to-5-25-to-slow-credit-fueled-economic-growth.html)
Bloomberg
“There's a lot of political pressure going on from the agricultural sector, from the export sector, pressuring the central bank to do more to fight the appreciation of the currency,” Pardo said, speaking by phone from Bogota.

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