(Reuters) - Colombia's central bank on Sunday said it would impose a reserve requirement as it seeks to keep inflation within the 3.5 to 4.5 percent target range for this year and slow the appreciation of the peso, which has strengthened more than 12 percent over the last year.
"This seeks to moderate growth of credit and in that way reduce growth of spending with the purpose of contributing to help inflation toward targets set by the central bank," the bank's director, Jose Dario Uribe, told local radio.
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