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Leonardo Villar explains why Banco de la República is not cutting rates despite housing impact

FinanceColombiaPortafolio10 s readAI summary
Image: Portafolio

Banco de la República general manager Leonardo Villar explained the reasons why the entity is not lowering interest rates, despite the impact of high rates on the housing sector. Villar acknowledged that high rates curb construction but ruled out cuts.

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IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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