BOGOTA, Nov 23 (Reuters) - Colombia's central bank unexpectedly cut its benchmark interest rate on Friday on signs of a slowdown in economic growth as weak overseas demand hurts the Andean nation's industrial sector.
The seven-member board voted to reduce the lending rate a quarter point to 4.50 percent - surprising economists - on bets that robust domestic consumption may not be enough to carry the economy in the coming months.
(Reporting by Bogota Newsroom; editing by Andrew Hay) Keywords: COLOMBIA RATES/CUTS
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