Scotiabank Previews This Week's Policy Meeting at Peru's Central Bank
BY MT Newswires | ECONOMIC | 03/09/26 11:47 AM EDT11:47 AM EDT, 03/09/2026 (MT Newswires) -- Peru's central bank (BCRP) has been on hold at a reference rate of 4.25% since last August, said Scotiabank.
It is likely to extend the hold at Thursday's policy meeting, noted the bank.
It may sound more cautious toward prospects for any further easing in a bit of a hawkish tilt, stated Scotiabank. Peru is a net importer of oil, such that the rise of oil prices in U.S. dollar terms, combined with currency weakness as the Sol (PEN) has depreciated by about 3% since the U.S. war with Iran broke out are likely to add upside risk to near-term inflation.
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