BCRP Slashes Rate to 4.75%, Stunning Markets and Shaking Financial Forecasts | YOUR-MONEY
Peru’s Central Reserve Bank Cuts Interest Rate to 4.75% in Surprise Move In a pivotal decision during its first meeting of 2025, the Central Reserve Bank of Peru (BCRP) announced a reduction in its benchmark interest rate by 25 basis points, bringing it down to 4.75%. This move aligns with projections from foreign banks but … Read more