The Monetary Policy Manager of the Central Reserve Bank (BCR), Carlos Montoro, highlighted the opportunities that arise in Peru for both local and foreign investments.
“It is important to highlight that in Peru there is freedom for private investment,” he said during a press conference and after being asked about the United States’ opinion about the port of Chancay and China’s response.
Although he indicated that it is not up to the BCR to provide a statement on this situation, he pointed out that what is observed in Peru is that business confidence “remains quite high” and that is good for boosting private disbursement.
Added to this, he noted, is that the external perspectives are good, which also highlighted the terms of trade.
MONETARY PROGRAM
On the other hand, last Thursday, the BCR board agreed to maintain the reference interest rate at 4.25%. This result responds, among other things, to the fact that the inflation rate in January was 0.1% and that 12-month price expectations decreased from 2.1% in December to 2% in the first month of 2026.
“The Board is especially attentive to new information regarding inflation and its determinants, including the evolution of underlying inflation, inflation expectations and economic activity, to consider, if necessary, modifications in the monetary policy position,” he stated.
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