Central Bank RatesPeru policy rate in 2023 (5 changes)
Start of year7.50%
End of year6.75%Dec 29, 2023
Net change-75 bp1 hikes, 4 cuts
Average7.566%
Rank by level11 / 38
Changes in 2023
| Date | From | To | Change |
|---|---|---|---|
| Jan 13, 2023 | 7.50% | 7.75% | hike +25 bp |
| Sep 15, 2023 | 7.75% | 7.50% | cut -25 bp |
| Oct 6, 2023 | 7.50% | 7.25% | cut -25 bp |
| Nov 10, 2023 | 7.25% | 7.00% | cut -25 bp |
| Dec 15, 2023 | 7.00% | 6.75% | cut -25 bp |
Compared with other areas at the end of 2023
42.5%
16%
13%
11.75%
11.25%
10.75%
9.25%
8.25%
8.25%
7%
6.75%
6.75%
6.5%
6.5%
6.5%
6.3%
6%
6%
5.75%
5.75%
5.5%
5.375%
5.25%
5%
4.75%
4.5%
4.5%
4.35%
4.25%
4%
3.6%
3.5%
3.45%
3%
3%
2.5%
1.75%
-0.1%
Year-end rate over time
4.25%
4.25%
5%
6.75%
7.5%
2.5%
0.25%
2.25%
2.75%
3.25%
4.25%
3.75%
3.5%
4%
4.25%
4.25%
3%
1.25%
6.5%
5%
4.5%
3.25%
3%
2.5%
2023: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.