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Peru Holds Rate Steady, Says Inflation Rise Was Temporary
By:
DailyMarkets.com
Posted on August 10, 2012 at 07:47 AM EDT
The Central Reserve Bank of Peru (BCRB) held its policy reference rate steady at 4.25 percent, as expected, saying the recent rise in inflation was merely temporary and the economy was growing close to its potential rate. “Moreover, uncertainty remains in international financial markets, which is being reflected in the decline [...]
The Central Reserve Bank of Peru (BCRB) held its policy reference rate steady at 4.25 percent, as expected, saying the recent rise in inflation was merely temporary and the economy was growing close to its potential rate.
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