# Peruvian interest rates on hold, next move still likely to be up | Capital Economics

> Peru's central bank held its policy rate at 4.25%, but inflation remains above target, so the next move is still expected to be a rate increase. Economic growth outlook has deteriorated in recent months.

- Date: 2017-03-10 · published 2017-03-10T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/72284-peruvian-interest-rates-on-hold-next-move-still-likely-to-be-up-capital
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Expected tightening in Peru supports the sol somewhat, which can affect the cost of Peruvian fishmeal and anchovy exports priced in dollars. The effect on feed prices is modest.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/latin-america-economics/latin-america-update/peruvian-interest-rates-on-hold-next-move-still-likely-to-be-up

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