Peru interest rate
Central Reserve Bank of Peru
- Policy rate
- 4.25%
- Sep 21, 2026
- Last move
- None
- in the past year
- Inflation
- 4.1%
- Aug 2026
- 10-year bond yield
- –
- not available
The policy rate set by the Central Reserve Bank of Peru is 4.25% as of Sep 21, 2026. It has not changed the rate in the past year. With consumer prices up 4.1% over the 12 months to Aug 2026, the real rate (policy rate minus inflation) is +0.2%: borrowing costs are above inflation.
Policy rate over the past two years
Sep 21, 2026: 4.25%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Sep 2025 | Cut | 4.50% | 4.25% | −0.25 pt |
| May 2025 | Cut | 4.75% | 4.50% | −0.25 pt |
| Jan 2025 | Cut | 5.00% | 4.75% | −0.25 pt |
| Nov 2024 | Cut | 5.25% | 5.00% | −0.25 pt |
| Sep 2024 | Cut | 5.50% | 5.25% | −0.25 pt |
Changes between month-end rates, plus the latest daily reading. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Aug 2026: 4.1%
Other central banks in South America
Source: BIS; inflation: IMF CPI. Updated daily. All central bank rates · Peru economy dashboard