{"id":27287,"date":"2012-02-10T13:55:00","date_gmt":"2012-02-10T18:55:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/02\/10\/central-reserve-bank-of-peru-holds-rate-at-4-25-2\/"},"modified":"2012-02-10T13:55:00","modified_gmt":"2012-02-10T18:55:00","slug":"central-reserve-bank-of-peru-holds-rate-at-4-25-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/02\/10\/central-reserve-bank-of-peru-holds-rate-at-4-25-2\/","title":{"rendered":"Central Reserve Bank of Peru Holds Rate at 4.25%"},"content":{"rendered":"<div align=\"right\"><script type=\"text\/javascript\">\ntweetmeme_style = 'compact';\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\"><\/script><\/div>\n<p><span><span><span><span><span>The&nbsp;<\/span><\/span><a href=\"http:\/\/www.bcrp.gob.pe\/home.html\">Central Reserve Bank of Peru<\/a><span><span>&nbsp;held its key monetary policy reference rate unchanged at 4.25%. &nbsp;The Bank said: &#8220;Some current and advanced indicators of activity show a moderation of growth in the economy. For example, even though sales of electricity continued to grow in January, they showed a lower pace of growth than in December. Moreover, indicators of global economic activity have shown a better-than-expected evolution, but uncertainty in international financial markets persists and growth in 2012 is expected to be lower than in the previous year.&#8221;<\/span><\/span><\/span><\/span><\/span><br \/><a name='more'><\/a><br \/><span>Peru&#8217;s central bank also held the&nbsp;<\/span><a href=\"http:\/\/www.centralbanknews.info\/2012\/01\/central-bank-of-peru-holds-interest.html\">interest rate<\/a><span>&nbsp;at 4.25% at its&nbsp;January meeting, while the bank last raised the monetary policy&nbsp;<\/span><a href=\"http:\/\/www.centralbanknews.info\/2011\/05\/central-reserve-bank-of-peru-lifts-rate.html\">reference rate<\/a><span>&nbsp;by 25 basis points to 4.25% in May last year. &nbsp;Peru reported annual inflation of 4.74% in December, up from 4.2% in October, up from 3.73% in September, 3.35% in August and July, and compared to 2.9% in June, 3.07% in May, 3.34% in April, and above the Bank&#8217;s 1-3% inflation target. &nbsp;<\/span><\/p>\n<div><span>The Bank&#8217;s next Monetary Policy meeting will be held on the 8th of March 2012. &nbsp;The Peruvian Nuevo Sol (PEN) last traded around 2.68 against the US dollar, with the PEN gaining approx. 3% over the past year.<\/span><\/div>\n<div><span><span><span><br \/> <a href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.inf<\/a><\/span><\/span><\/span><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-5175367828509669200?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;Central Reserve Bank of Peru&nbsp;held its key monetary policy reference rate unchanged at 4.25%. &nbsp;The Bank said: &#8220;Some current and advanced indicators of activity show a moderation of growth in the economy. For example, even though sales of electricity continued to grow in January, they showed a lower pace of growth than in December. Moreover, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/02\/10\/central-reserve-bank-of-peru-holds-rate-at-4-25-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Central Reserve Bank of Peru Holds Rate at 4.25%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-27287","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=27287"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=27287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=27287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=27287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}