Peru's Central Reserve Bank (BCRP) board raised its benchmark interest rate by 25 basis points to 6.75%, in line with the normalization of the monetary policy stance, the issuing entity informed on Thursday.
To make this decision, the board considered that the twelve-month inflation rate decreased from 8.74% last July to 8.4% last August, still above the country's target range "due to significant increases in international prices of food and fuel inputs".
The . . .
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