Bloomberg News

Colombia’s Echeverry Rules Out New Credit Curbs, Espectador Says

June 10, 2012

Colombia’s Finance Minister Juan Carlos Echeverry said the government isn’t considering additional measures to curb credit growth, newspaper El Espectador reported, citing an interview.

Officials are waiting to see the effects of measures taken last month to limit credit by banks, Echeverry told El Espectador.

Echeverry asked the country’s central bank to be “more active and aggressive” in avoiding volatility in the exchange rate, El Espectador said.

To contact the reporter on this story: Camila Russo in Buenos Aires at crusso15@bloomberg.net.

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net.


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