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Published on Friday, March 9, 2018

Peru | New cut in the monetary policy rate

The Board of Directors of the Central Bank (BCRP) agreed in March to lower the reference interest rate of its monetary policy by 25 bps to 2.75%. This result is in line with what the market anticipated (14 of the 18 analysts consulted by Bloomberg expected it, including us).

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Peru-Nuevo-recorte-de-la-tasa-de-politica Spanish March 9, 2018
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Authors

Francisco GrippaBBVA Research - Principal Economist

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Peru

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