Chile cenbank only weighed rate hold in Nov.- minutes
SANTIAGO Nov 28 (Reuters) - Chile's central bank only considered keeping its key interest rate on hold as an option in November, when it held it steady at 5.0 percent for a 10th consecutive month, as expected, minutes of the meeting showed on Wednesday.
The rate remains within a neutral range and the decision to keep the rate steady was unanimous, the minutes said.
Rates have stayed on hold since a cut in January largely because the world's No. 1 copper producer has shown better-than-expected resilience to slowing demand from top trade partner China and fallout from the euro zone's crisis.
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Libya threatens to bomb North Korean tanker if it ships oil from rebel port