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Colombia's central bank kept its key policy rate unchanged on Friday.
The Central Bank of Colombia retained the interest rate at 3.5%. Last year, the bank had reduced its interest rate to the current level from 10% since December 2008.
Inflation rate eased in December. The consumer price index or CPI rose 2% year-on-year in December, slower than the 2.37% growth in the previous month. The central bank's inflation target was 2% to 4% for the year of 2009.
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