On October 31-November 13, the country risk indicator —measured by the EMBIG Peru spread— decreased from 131 to 126 bps, the Central Reserve Bank has reported.
In the same period, the EMBIG LatinAmerica spread rose 3 bps to 427 bps amid ups and downs in the trade negotiations between the United States and China.
Interbank interest rate
As of November 13, the interbank interest rate in Peruvian Soles showed an annual rate of 2.25%, and this rate in U.S. Dollars registered 1.75%.
On the same date, the 90-day corporate prime rate —the interest rate charged by commercial banks to lower risk businesses— in Soles was 3.31%, while the prime rate in Dollars recorded 2.70%.
(END) NDP/MVB