After in the first and second quarters of this year the Peruvian economy has registered falls of 0.4 and 0.5%, respectively; Everything indicates that in the third quarter there would also be a contraction of the Gross Domestic Product (GDP), as indicated by the Central Reserve Bank of Peru (BCRP). “With recent information, possibly in […]
Tag: BCRP
Government aims to unblock US$46,657 million from mining
Faced with the inevitable freezing of the Peruvian GDP to the detriment of the population – hit for a long time by the inflation and loss of purchasing power–, the Government of Dina Boluarte launched the Unidos plan, a program that seeks to reactivate the economy by injecting resources to the productive sectors and modifying […]
Price of the dollar today in Peru: what is the exchange rate for this Friday, November 10
Check what the dollar exchange rate is today, Friday, November 10, according to BCRP. You also know the price of the US currency in the parallel market and in the main banks in Peru. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, […]
BCRP reduced the reference interest rate to 7.00%
The board of directors of the Central Reserve Bank of Peru (BCRP) reduced the reference interest rate to 7.00%, a ratio not seen since October of last year. After a cycle of consecutive increases to mitigate inflation, the BCRP once again lowered the reference rate for loans in the national market by 25 basis points. […]
Profitability of time deposits would drop to 5.25% by 2024
After the interest rates paid by the entities of the financial system to people who opened a deposit account at fixed term exceeded 9% annually, since September of this year the profitability of this product has begun to decrease due to the monetary policy adjustments of the Central Reserve Bank of Peru (BCRP). In this […]
BCRP would resume cuts in its reference rate today
The Board of Directors of the Central Reserve Bank of Peru (BCRP) will decide today if they continue to cut the interest rate or if they keep it at 7.25%. Although, according to the consensus of specialized entities, they would subtract 25 basis points, placing it again at 7.0%: a ratio not seen since October […]
The dollar closed higher and stands at S/ 3.7980 this Wednesday, November 8
For the third consecutive day, the price of the dollar closed higher and was trading at S/3.7980 this Wednesday, November 8, which represents an increase of 0.50%, compared to Tuesday’s close when it stood at S/3.779. according to the official report of the Central Reserve Bank of Peru (BCRP). So far this year, the exchange […]
Risky clients could pay interest of up to 101.86% for loans until April 2024
He Central Reserve Bank of Peru (BCRP) raised the maximum compensatory rate of the financial system to 101.86% annually for the period November 2023 – April 2024. Jorge Carrillo, specialist in financial education and teacher at Pacífico Business School, explains that, since May 2021, the BCRP establishes the maximum rates allowed for consumer loans and […]
Interoperability: Cooperatives will access the compensation system of banks and savings banks
Through a circular, BCRP reported that the entry of COOPACs into clearing services “will promote access by unbanked people to digital payments and strengthen the interoperability of the payments market.” Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 8? These are […]
Yape and Plin reach 45 million transactions per month
The Yape and Plin electronic wallets began to interoperate on March 31 of this year, and, according to Eduardo Terrones, general manager of the Central Reserve Bank of Peru (BCRP), the process is developing successfully. “It’s going well,” she highlighted during his participation in the TECHXPERIENCE UP. The figures support the good performance of the […]