# Colombia Interest rate meets expectations (4.25%) in April — Octa

> Colombia's central bank held its benchmark interest rate at 4.25% in April, in line with market expectations. The decision came alongside a broader week of macro headlines, including a softer dollar index after US GDP readings and a Fitch move placing the UK's AA rating on watch negative.

- Date: 2019-04-26 · published 2019-04-26T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/59852-colombia-interest-rate-meets-expectations-4-25-in-april-octa
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A hold at the expected level leaves little direct effect on feed commodities; for feed buyers the main channel is the peso and Colombian import demand, which move only marginally on an in-line decision.

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/694647/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.