trending Market Intelligence /marketintelligence/en/news-insights/trending/6hxgm7icv1hrgmsr9g1ajq2 content esgSubNav
In This List

Peru central bank cuts dollar deposit reserve requirement anew

Blog

Managed Services Insights: The client lifecycle management solution

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency

Blog

Banking Essentials Newsletter: May 15th Edition

Blog

Data Insights: Enhancing regulatory compliance and client lifecycle management.


Peru central bank cuts dollar deposit reserve requirement anew

Banco Central de Reserva del Perú announced another cut to its reserve requirement for U.S. dollar deposits, saying it will be reduced to 37% from 38% beginning in March, Reuters reported.

The central bank has steadily lowered reserve requirements since 2016 in an effort to encourage local lending. It cut the requirement to 38% from 39% early in 2018.