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Peru's GDP could have expanded 4% in October, cenbank economist says

BY Reuters | ECONOMIC | 12:29 PM EST

Dec 12 (Reuters) - Peru's economy could have expanded by around 4% in October, the chief economist of the Andean country's central bank Adrian Armas said on Friday, noting that the economy is "performing well."

Armas highlighted the importance of tight fiscal policies in a call with journalists, which came after the central bank held its benchmark interest rate at 4.25% for the third straight meeting. (Reporting by Sarah Morland; Editing by Aida Pelaez-Fernandez)

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