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Colombia finance minister sees rate cut talks soon

Thursday, November 3, 2016


Colombia is likely to start "discussions" in November about cutting its 7.75 percent interest rate, Finance Minister Mauricio Cardenas said on Wednesday.

Cardenas also said he was hoping to include the issue of reducing taxes on foreign investors' bond portfolios into a wider tax reform bill which is set to be finalised by the end of the year.

Source: Reuters