Latam Daily | Peruvian CB seeks to increase liquidity and reduce high ER volatility
Published on Tuesday, May 12, 2015
Latam Daily | Peruvian CB seeks to increase liquidity and reduce high ER volatility
Summary
Central bank announces instruments to inject soles liquidity to the money market; from now on public funds deposited at the bank will be auctioned, and repo operations will be conducted also with banks credit books. The aim of these reserve requirements is to smooth currency depreciation pressures in a highly dollarized economy.
Geographies
- Geography Tags
- Latin America
- Mexico
- Colombia
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850