Colombian cbank leaves mon pol unchanged

Colombia's central bank board on Feb 16, 2001 said it wouldn't change monetary policy as recent inflation figures are satisfactory and future goals look attainable. "Given the good performance of the observed and projected inflation rate, the board of directors has decided to maintain the current stance of monetary policy, which is consistent with interest rates well below historic averages and facilitates the process of economic recovery," said a statement issued from the weekly board meeting.

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