(Reuters) - It was the seventh consecutive month that the bank raised
rates to curb inflation to within its targeted 2007 range of 4
percent plus or minus 0.5 percent. Colombian inflation was 4.48
percent in 2006.
Earlier on Friday the government revised its 2007 economic
growth estimate up to 5.8 percent from 5.5 percent. Gross
domestic product expanded by 6.8 percent last year, its best
performance since 1978.
Read more at Reuters.com Bonds News
rates to curb inflation to within its targeted 2007 range of 4
percent plus or minus 0.5 percent. Colombian inflation was 4.48
percent in 2006.
Earlier on Friday the government revised its 2007 economic
growth estimate up to 5.8 percent from 5.5 percent. Gross
domestic product expanded by 6.8 percent last year, its best
performance since 1978.
Read more at Reuters.com Bonds News
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