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Event Brief

Petro and BanRep strike truce as Colombia holds 11.25%

Colombia’s central bank held its interest rate at 11.25% unanimously after a truce between Petro and BanRep.
WHO: Finance Minister Germán Ávila
WHAT: Colombia’s interest rate held at 11.25% following a truce after a prior protest walkout
WHEN: May 1, 2026 at 7:35 AM ET
WHERE: Colombia
WHY: No specific cause was reported.
Sources (1): Rio Times

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