May 26, 2017 / 6:11 PM / 7 months ago

Colombia's central bank cuts interest rate to 6.25 pct

BOGOTA, May 26 (Reuters) - Colombia’s central bank lowered the benchmark interest rate by 25 basis points to 6.25 percent on Friday to boost a slowing economy, as had been expected by the majority of analysts in a Reuters survey.

The move represented a moderation from the central bank’s 50-basis-point cut last month.

Reporting by Bogota newsroom; Editing by Paul Simao

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