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Peru resumed monetary easing with inflation firmly under control and US tariffs posing mounting risks to its economy.
The Central Reserve Bank of Peru (BCRP) has unexpectedly cut its policy rate by 25 basis points to 4.5%.
In Peru, the interest rates decisions are taken by the Board of Central Reserve Bank of Peru (Banco Central de Reserva del Perú BCRP). The official interest rate is the reference interest rate.
The same move also took the edge off... Peru’s Benchmark Interest Rate 3.75% vs. 3.50% forecast By Investing.com - Aug 07, 2014 Investing.com - Peru’s benchmark interest rate remained ...