# Peru cenbank to ease reserve rules following Fed rate hike

> Peru's central bank plans to cut the marginal reserve requirement on dollar deposits from 70% to 48% next month, the lowest in over six years. It also trims the sol-deposit requirement from 6.5% to 6%. The measures should inject about 300 million soles ($89 million) into the financial system.

- Date: 2016-12-28 · published 2016-12-28T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/73736-peru-cenbank-to-ease-reserve-rules-following-fed-rate-hike
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Lower reserve requirements free bank liquidity for lending, which can support Peruvian credit demand, mainly in a financial sector context with little direct feed-grain impact. The effect on feed commodity prices is negligible.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/peru-cenbank-idUSL1N1EN01S/?feedName=usDollarRpt&feedType=RSS

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