The Central Reserve Bank of Peru left the benchmark interest unchanged at 2.50 percent at its September 2019 meeting, surprising markets who expected a 25bps cut. Policymakers said that the decision remains appropriate and will monitor new inflation data to take actions if necessary. The Committee noted that the annual inflation rate remains within the target range and it is expected to be around 2 percent on the projected horizon, with a downward bias due to a possibility of a slower-than-expected growth in domestic demand. Policymakers underscored that primary activity has gained steam since July after a complicated first half of the year, whereas non-primary activity has also picked up, but at a softer rate than expected. Interest Rate in Peru averaged 3.72 percent from 2000 until 2019, reaching an all time high of 8.90 percent in January of 2001 and a record low of 0.90 percent in August of 2003.

Interest Rate in Peru is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Peru to stand at 2.25 in 12 months time. In the long-term, the Peru Interest Rate is projected to trend around 2.50 percent in 2020, according to our econometric models.

Peru Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-13 11:00 PM Interest Rate Decision 2.75% 2.75% 2.75% 2.75%
2019-07-11 11:00 PM Interest Rate Decision 2.75% 2.75% 2.75% 2.75%
2019-08-08 11:00 PM Interest Rate Decision 2.5% 2.75% 2.75%
2019-09-12 11:15 PM Interest Rate Decision 2.5% 2.5% 2.25% 2.25%
2019-10-10 11:00 PM Interest Rate Decision 2.5% 2.25%
2019-11-07 11:00 PM Interest Rate Decision 2.25%
2019-12-12 11:00 PM Interest Rate Decision 2.25%


Peru Money Last Previous Highest Lowest Unit
Interest Rate 2.50 2.50 8.90 0.90 percent [+]
Interbank Rate 3.87 3.91 551.65 0.04 percent [+]
Money Supply M0 50168.00 49867.00 50844.00 592.00 PEN Million [+]
Money Supply M1 99025.00 95386.00 99025.00 0.00 PEN Million [+]
Money Supply M2 212707.00 209167.00 212707.00 1535.00 PEN Million [+]
Foreign Exchange Reserves 68414.00 66789.00 68414.00 -352.00 USD Million [+]
Loans to Private Sector 196028.05 194795.21 196028.05 31775.93 PEN Million [+]
Deposit Interest Rate 2.65 2.29 2439.56 1.54 percent [+]


Peru Interest Rate

In Peru, the interest rates decisions are taken by the Board of Central Reserve Bank of Peru (Banco Central de Reserva del Perú BCRP). The official interest rate is the reference interest rate. This page provides - Peru Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Interest Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.50 8.90 0.90 2000 - 2019 percent Daily




Country Last Previous
Argentina 82.79 Sep/19
Turkey 16.50 Sep/19
Mexico 8.00 Aug/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
India 5.40 Aug/19
Indonesia 5.25 Sep/19
China 4.20 Sep/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.74 Aug/19
South Korea 1.50 Aug/19
Australia 1.00 Sep/19
United Kingdom 0.75 Sep/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19


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