Peru

Rate decisions this week

Korea, New Zealand hold but indicate tightening soon to come. Bank of England and Bank of Canada maintain policy stance, along with Peru and Brazil as Denmark and Iceland cut

Lat Am's progress highlighted by crisis: BIS

The development of Latin America's financial markets and policymakers' enhanced credibility have been underscored by the region's ability to withstand the worst ravages of the crisis, a paper published by the Bank for International Settlements (BIS) said.

Peru unexpectedly raises rates

The Central Bank of Peru surprised markets on Thursday by backing a 25 basis-point hike and raising the reserve requirement for foreign and domestic currency holdings.

Peru keeps rates at 5%

The Central Bank of Peru's rate-setting board on Thursday voted to hold its benchmark reference rate at 5% after monthly inflation fell to 0.11% in November.

Colombia will benefit from free trade with US

Juan Mauricio Ramirez, a vice president of the Private Council of Competitiveness and a former head of the inflation and macroeconomic programming department at the Banco de la Republica, takes issue with Joseph Stiglitz's views on the proposed Free…

Peru's interest rates at six-year high

The Central Bank of Peru unexpectedly raised its reference rate to 4.75% from 4.5% on 5 July, as strong economic growth, boosted by domestic demand and metal exports, threatened rising inflation. The central bank said that the move was "preventative",…

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