Regulatory Alerts2026-08-13
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Monetary Program August 2026: BCRP Maintains Reference Interest Rate at 4.25%
The Board of Directors of the Central Reserve Bank of Peru (BCRP) maintained the reference interest rate at 4.25 percent. The Board also set overnight deposit rates at 2.25 percent annually and established specific interest rates for direct securities and currency repurchase operations and Monetary Regulation Credits. The decision accounts for July inflation data, inflation expectations, economic activity indicators, and global risks, with the Board reaffirming its commitment to returning inflation to the target range. The next evaluation of the Monetary Program is scheduled for September 10, 2026.
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