LatinNews Daily - 01 April 2022

* Colombia’s central bank (Banrep) has raised the benchmark interest rate by 100 basis points to 5.0% in its fifth consecutive rate hike. The announcement came as the latest inflation figures show annual inflation reaching 8.01% in February, with Banrep forecasting total inflation in 2022 of 6.4%, more than double its target of 3%.

End of preview - This article contains approximately 56 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial