Peru's central bank keeps interest rate on hold

By Kitco News / June 08, 2017 / www.kitco.com / Article Link

LIMA, June 8 (Reuters) - Peru's central bank held its benchmark interest rate at 4 percent on Thursday, a surprise decision as the market had been expecting a cut.

A Reuters poll had seen the bank cutting the rate 25 basis points to 3.75 percent. Last month, the bank cut the benchmark rate 25 basis points, the first time the rate had moved in 14 months.


(Reporting by Ursula Scollo; Writing by Gram Slattery)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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