On July 24-31, the country risk indicator —measured by the EMBIG Peru spread— stood at 117 bps, the Central Reserve Bank (BCR) has informed.
In the same period, the EMBIG Latin America spread fell 46 bps to 467 bps, due to a decrease in the FED interest rate and expectations of greater monetary easing by other central banks.
Interbank interest rate
On July 31, the interbank interest rate in Peruvian Soles showed an annual rate of 2.75%, and this rate in U.S. Dollars registered an annual rate of 2.50%.
On the same date, the 90-day corporate prime rate —the interest rate charged by commercial banks to lower risk businesses— in Soles was 3.87%, whereas the prime rate in U.S. Dollars recorded 2.95%.
(END) NDP/MVB