Peruvian Monetary Policy Remains on Hold
This post by larrygreenberg has been reprinted from Currency Thoughts.
Comments OffThe last change of the Central Bank of Peru’s monetary policy interest rate was a 25-basis point hike announced May 12, 2011 to 4.25%. That streak of an unchanged stance extend for yet another month even though July inflation of 3.3% lay above the 1-3% target range. In a statement, officials said that the elevation [...]
larrygreenberg @ August 10, 2012