The Central Reserve Bank of Peru kept the benchmark interest rate steady at 2.75 percent at its July 2019 meeting, as widely expected. Policymakers said that the decision is appropriate as the inflation rate is expected to remain within the target range and converge towards 2 percent over the forecast horizon, with a downside bias due to the possibility of a slowdown in domestic demand and added that will pay close attention to new data. The Committee noted a weak performance in primary activity and that the risks concerning global economic activity remained. The annual inflation rate fell to 2.29 percent in June from 2.73 percent in May, mainly due to lower cost of food and non-alcoholic beverages and transport. Interest Rate in Peru averaged 3.74 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
2019-04-11 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% 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 2.75% 2.75%
2019-09-12 11:00 PM Interest Rate Decision 2.75%
2019-10-10 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 4.44 4.53 551.65 0.04 percent [+]
Money Supply M0 47740.00 47746.00 50844.00 592.00 PEN Million [+]
Money Supply M1 93558.00 96742.00 96742.00 0.00 PEN Million [+]
Money Supply M2 204730.00 203497.00 206084.00 1535.00 PEN Million [+]
Foreign Exchange Reserves 66714.00 66421.00 68255.00 -352.00 USD Million [+]
Loans to Private Sector 194446.39 192159.04 194446.39 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 July 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 58.72 Jul/19
Turkey 24.00 Jun/19
Mexico 8.25 Jul/19
Russia 7.50 Jun/19
Brazil 6.50 Jun/19
South Africa 6.50 Jul/19
India 5.75 Jul/19
Indonesia 5.75 Jul/19
China 4.35 Jun/19
Saudi Arabia 3.00 Jun/19
United States 2.50 Jun/19
Canada 1.75 Jul/19
Singapore 1.67 Jun/19
South Korea 1.50 Jul/19
Australia 1.00 Jul/19
United Kingdom 0.75 Jun/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 Jun/19
Switzerland -0.75 Jun/19


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