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Tag: 2.50

BCRP raises the benchmark interest rate to 2.50% to contain inflation

BCRP raises the benchmark interest rate to 2.50% to contain inflation

The new directory of the Central Reserve Bank of Peru (BCRP) agreed to raise the benchmark interest rate by 50 bps. to 2.50%, in a decision that continues with its expansionary monetary policy, but that does not necessarily imply “a cycle of successive increases” for said rate. To make this decision, the issuing entity considered […]

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