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LatinNews Daily - 12 July 2024
In brief: Peru holds interest rates
*Peru’s central bank (BCRP) has held its benchmark interest rate at 5.75%. In a statement explaining the decision, the BCRP noted that annual inflation in June increased slightly to 2.3%, up from 2.0% in May, although this was still within the bank’s target range of 1-3%. It predicted annual inflation to close the year at 2.53%, down from 2.56% in its previous forecast in May.
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