Peru’s Central Reserve Bank kept its benchmark rate steady at 4.25% in March 2026, maintaining the level for a fourth consecutive meeting, in line with market expectations. The bank highlighted that headline inflation rose to 2.2% in February from 1.7% in January, driven by adverse weather, rising global fuel prices, and a domestic natural gas crisis. Twelve-month inflation expectations edged up slightly to 2.1% from 2%, staying near the center of the target range. The central bank aims for annual consumer price growth of 1% to 3%, with a preference for rates close to the midpoint. Economic activity remains near potential, and February’s leading indicators continued to show solid performance. However, the BCRP cautioned that global risks have risen due to the Middle East conflict, reflected in greater financial market volatility and higher oil prices. source: Central Reserve Bank of Peru

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru averaged 3.80 percent from 2000 until 2026, reaching an all time high of 8.90 percent in January of 2001 and a record low of 0.25 percent in April of 2020. This page provides - Peru Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Peru Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The benchmark interest rate in Peru was last recorded at 4.25 percent. Interest Rate in Peru is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Peru Interest Rate is projected to trend around 3.50 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-08 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-02-12 11:00 PM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-03-13 12:00 AM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2026-04-09 11:00 PM Interest Rate Decision 4.25%
2026-05-14 11:00 PM Interest Rate Decision
2026-06-11 11:00 PM Interest Rate Decision


Related Last Previous Unit Reference
Foreign Exchange Reserves 97295.00 95072.00 USD Million Feb 2026
Interest Rate 4.25 4.25 percent Mar 2026
Loans to Private Sector 254572.84 254107.01 PEN Million Jan 2026
Money Supply M0 97017.00 96241.00 PEN Million Jan 2026
Money Supply M1 112833.17 112581.29 PEN Million Feb 2026
Money Supply M2 175007.44 172343.51 PEN Million Feb 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 8.90 0.25 2000 - 2026 percent Daily

News Stream
Peru Holds Policy Rate at 4.25%
Peru’s Central Reserve Bank kept its benchmark rate steady at 4.25% in March 2026, maintaining the level for a fourth consecutive meeting, in line with market expectations. The bank highlighted that headline inflation rose to 2.2% in February from 1.7% in January, driven by adverse weather, rising global fuel prices, and a domestic natural gas crisis. Twelve-month inflation expectations edged up slightly to 2.1% from 2%, staying near the center of the target range. The central bank aims for annual consumer price growth of 1% to 3%, with a preference for rates close to the midpoint. Economic activity remains near potential, and February’s leading indicators continued to show solid performance. However, the BCRP cautioned that global risks have risen due to the Middle East conflict, reflected in greater financial market volatility and higher oil prices.
2026-03-13
Peru Leaves Interest Rate at 4.25%
Peru’s Central Reserve Bank left its benchmark rate unchanged at 4.25% in February 2026, holding steady for the third straight meeting, in line with expectations. The bank highlighted that January headline inflation rose to 1.7% (from 1.5% in December) with monthly inflation at 0.10%, while core inflation without food and energy increased to 2.0% (from 1.8%); twelve-month inflation expectations fell to 2.0% in January, comfortably within the target range. Policymakers also cited solid readings in current-conditions and expectations indicators, alongside a global backdrop of growth higher than previously expected and exceptionally favourable terms of trade. The BCRP reiterated that it will continue to monitor inflation dynamics, expectations, and economic activity, and stands ready to adjust policy as needed.
2026-02-12
Peru Holds Interest Rate at 4.25%
Peru’s Central Reserve Bank left its benchmark rate unchanged at 4.25% in January 2026, holding steady for the third straight meeting, in line with expectations. The bank highlighted that December headline inflation rose to 1.5% (from 1.4% in November) with monthly inflation at 0.24%, while core inflation without food and energy remained at 1.8%; twelve-month inflation expectations fell to 2.1% in December, comfortably within the target range. Policymakers also cited solid readings in current-conditions and expectations indicators, alongside a global backdrop of moderate growth. The BCRP reiterated that it will continue to monitor inflation dynamics, expectations, and economic activity, and stands ready to adjust policy as needed.
2026-01-08