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Colombia's central bank cuts interest rate to 3.75 pct
Reuters: Financials
Fri, 22 Feb 2013
BOGOTA, Feb 22 (Reuters) - Colombia's central bank cut its benchmark lending rate for a fourth straight month on Friday as policymakers judged the economy needs more stimulus to grow.
An eventual interestrate rise could occur in a relatively benign growth environment, and may happen rather quickly, says PIMCO Unconstrained Bond's Chris Dialynas.