# Peru: BCR maintains reference rate at 2.75% | News | ANDINA - Peru News Agency

> Peru's Central Reserve Bank kept its reference rate at 2.75% on November 9, 2018, because year-on-year inflation and trend inflation stayed within the target range in October. The bank said third-quarter activity showed temporary signs of slower momentum and remained below potential, and flagged higher global risk and financial volatility from trade tensions.

- Date: 2018-11-09 · published 2018-11-09T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/62307-peru-bcr-maintains-reference-rate-at-2-75-news-andina-peru-news-agency
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A steady policy rate and subdued domestic activity point to limited near-term demand for feed in Peru's livestock and poultry sectors, while trade-tension volatility adds uncertainty to the sol and import costs. The price impact on feed commodities is minimal.

## Read by commodity

- USDPEN: neutral

## Sources

- andina.pe: https://andina.pe/ingles/noticia-peru-bcr-maintains-reference-rate-at-275-732254.aspx

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.