The board of directors of the issuing entity agreed not to move the reference rate due to a temporary increase in inflation.
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The board of directors of the Central Reserve Bank of Peru (BCRP) agreed to maintain the reference interest rate at 6.25% for March of this year.
The decision not to reduce the reference rate was due to “transitory” inflation as a result of the increase in the prices of some foods, beverages and water rates in February.
The issuing entity expects that year-on-year inflation – now at 3.3% – will continue to decrease and reach the target range – between 1% and 3% – in the coming months.
Likewise, they announced that in February there was a recovery in most economic indicators but in expectations, the majority remains in the pessimistic range.
Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
