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Images of Daniel Joel Pita Velandia
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Colombia Raises Interest Rate to 3.75% to Head Off Inflationary Pressure
www.bloomberg.com
[Bloomberg] - The bank will raise interest rates to as high as 4.5 percent this year to avoid inflationary pressures as heavier- than-average rainfall pushes food prices higher and as the economy expands, said Daniel Velandia, head analyst at Bogota- based brokerage
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