Russia left its key interest rate unchanged for a fourth straight meeting, despite a continuing rise in inflation driven by the diversion of men and material to prosecute the invasion of Ukraine.

Colombia's central bank should leave its benchmark interest rate unchanged in its meeting next week, a Reuters poll predicted on Friday, as inflation is expected to remain above target amid global trade uncertainty and weak public finances.

Russia’s Central Bank held its key interest rate at 21% on Friday, maintaining borrowing costs at a historic high despite mounting concerns from businesses and banks that the economy is slowing. Inflation has surged across the Russian economy in recent months,