Andina

Peru: Country risk at 131 basis points

09:18 | Lima, Nov. 11.

In October, the country risk indicator —measured by the EMBIG Peru spread— remained at 131 bps, the Central Reserve Bank has reported.

In the same period, the EMBIG LatinAmerica spread fell 41 bps to 424 bps amid greater optimism regarding the US-China trade negotiations.

At the end of October, the interbank interest rate in Peruvian Soles showed an annual rate of 2.50%, and this rate in U.S. Dollars registered 2.00%.

On the same date, the 90-day corporate prime rate —the interest rate charged by commercial banks to lower risk businesses— in Soles was 3.44%, while the prime rate in Dollars recorded 2.75%.

(END) NDP/MVB

Published: 11/11/2019