Peruvian rates on hold
The decision to leave rates at 4.75% - a six-year high - was generally expects. The surprise hike in July was the first interest rate change since May 2006.
The central bank has said it is happy to allow the current seven-year economic expansion to continue because there were few threats that price increases would accelerate.
The country's annual inflation rate rose 2.21% in July. The central
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