Peru Central Bank cuts benchmark interest rate to 0.25%
2020-04-13 17:06:27 [Print]
On 10 April local time, Peru Central Reserve Bank director decided to cut benchmark interest rate by 100 basis points from 1
According to the central bank, affected by the COVID-19 outbreak, the supply and demand of economic activity is out of balance, so it is necessary to lower the benchmark interest rate.
. 25% to 0 . 25%, hitting record low.According to the central bank, affected by the COVID-19 outbreak, the supply and demand of economic activity is out of balance, so it is necessary to lower the benchmark interest rate.