The Central Reserve Bank of Peru kept the benchmark interest rate steady at 2.75 percent at its May 2019 meeting, as widely expected. Policymakers said that the decision is appropriate as inflation expectations remain anchored in an environment in which the economic activity is below its potential, amid recent sluggishness in primary activity. The Committee noted that the annual inflation rate rose to 2.59 percent in April from 2.25 percent in March, the highest inflation rate since September 2017, mainly driven by cost of food and transportation, still it is projected to remain within the target range and be around 2 percent in the projected horizon. Interest Rate in Peru averaged 3.75 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 2.75 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 3.25 in 12 months time. In the long-term, the Peru Interest Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.

Peru Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-07 11:00 PM Interest Rate Decision 2.75% 2.75% 2.75%
2019-03-07 11:30 PM Interest Rate Decision 2.75% 2.75% 2.75% 2.75%
2019-04-11 11:00 PM Interest Rate Decision 2.75% 2.75% 2.75% 2.75%
2019-05-09 11:00 PM Interest Rate Decision 2.75% 2.75% 2.75% 2.75%
2019-06-13 11:00 PM Interest Rate Decision 2.75% 2.75%
2019-07-11 11:00 PM Interest Rate Decision 2.75%
2019-08-08 11:00 PM Interest Rate Decision 2.75%


Peru Money Last Previous Highest Lowest Unit
Interest Rate 2.75 2.75 8.90 0.90 percent [+]
Interbank Rate 4.47 4.47 551.65 0.04 percent [+]
Money Supply M0 48520.00 48331.00 50844.00 592.00 PEN Million [+]
Money Supply M1 96114.00 94063.00 96279.00 0.00 PEN Million [+]
Money Supply M2 206084.00 204022.00 206084.00 1535.00 PEN Million [+]
Foreign Exchange Reserves 64507.00 63151.00 68255.00 -352.00 USD Million [+]
Loans to Private Sector 192924.68 189244.86 192924.68 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.75 2.75 8.90 0.90 2000 - 2019 percent Daily




Country Last Previous
Argentina 71.57 May/19
Turkey 24.00 Apr/19
Mexico 8.25 May/19
Russia 7.75 Apr/19
South Africa 6.75 Apr/19
Brazil 6.50 May/19
India 6.00 Apr/19
Indonesia 6.00 May/19
China 4.35 Apr/19
Saudi Arabia 3.00 Apr/19
United States 2.50 May/19
Singapore 2.24 Mar/19
Canada 1.75 Apr/19
South Korea 1.75 Apr/19
Australia 1.50 May/19
United Kingdom 0.75 May/19
Euro Area 0.00 Apr/19
France 0.00 Apr/19
Germany 0.00 Apr/19
Italy 0.00 Apr/19
Netherlands 0.00 Apr/19
Spain 0.00 Apr/19
Japan -0.10 Apr/19
Switzerland -0.75 Apr/19


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