According to the chairman of the Banco Central de Reserva del Perú (BCRP), Julio Velarde, the Latin American country is on a clear path to bringing inflation down. The rate currently stands at 4.43%, close to meeting its target of 2% plus or minus 1%.
Mr Velarde spoke to The Banker following his speech at the Roadshow Invest in Peru 2023 conference, held on November 2 at JPMorgan’s London office, where he discussed Peru’s monetary and financial strategies that have helped the country navigate recent economic turbulence.
