Peru’s Central Bank Raises Interest Rate

Diario Correo

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Since September 2025 it has maintained its IRR at 4.25% and in November it has risen to 4.50%. The issuer decided to increase its rate because annual inflation reached 5.3% in October, almost double the ceiling of its target range.

El Comercio

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Inflation above the target range, higher price expectations and the dynamism of domestic demand supported the adjustment. The central bank specified that the decision does not necessarily imply the beginning of successive increases.

RPP

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The BCR raised its reference rate to 4.50%, after 14 months without change, in the face of inflation surge to 5.3% and higher price pressures.