The Central Bank of the Republic of Colombia intervention rate was increased by another 25 basis points, matching prior moves in February, March and April.  The rate, which now becomes 4.0%, had been at 3.0% until February 25 following eight reductions totaling 700 basis points between December 2008 and April 2010.  Inflation is now running [...]

Markets are closed today in the United States for Memorial Day and Britain for a spring bank holiday. Currency movements have been muted without the participation of all trading centers.  The dollar at 14:15 GMT shows gains from Friday's close of 0.2% against the euro and 0.1% versus sterling, the yen and Canadian dollar, but [...]