May 9, 2019 / 11:23 PM / 12 days ago

Peru central bank holds key interest rate at 2.75%

LIMA, May 9 (Reuters) - Peru’s central bank kept its benchmark interest rate at 2.75% on Thursday as it has for more than a year, citing inflation and expectations for inflation that remain within its 1-3% target range.

The bank reiterated in a statement that it plans to keep its current expansive monetary policy stance while economic growth remains under its potential pace and expectations for inflation are anchored. (Reporting By Mitra Taj; Editing by Cynthia Osterman)

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