LIMA, Sept 18 (Reuters) - The president of Peru’s central bank said on Friday that the annual inflation rate would likely end the year at between 3.4 and 3.6 percent, above the upper limit of its 1 to 3 percent target range.
The central bank had forecast year-end inflation at its goal of 2 percent in a biannual report in May. The inflation rate has quickened on a depreciating currency, rising to 4 percent in August.
The central bank raised the benchmark interest rate earlier this month. (Reporting By Marco Aquino; Editing by Christian Plumb)