trending Market Intelligence /marketintelligence/en/news-insights/trending/7tf6eo9kh5wr1-qewrejkq2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Peru's central bank to cut reserve requirements in January

Independent Networks Gain Little Traction On Virtual Multichannel Services

Big Strategy Decisions Ahead For Viacom As It Moves Into The CBS Fold

Street Talk Episode 48 - Bank M&A, Investing Against An Inverted Yield Curve Overview

Asia OTT Leaders Continue To Expand Partnerships With Telcos


Peru's central bank to cut reserve requirements in January

Banco Central de Reserva del Perú said it plans to cut in January 2017 the marginal reserve requirement for U.S. dollar deposits to 48% from 70% and lower the reserve requirement for local-currency deposits to 6% from 6.5%, Reuters reported.

The easing is aimed at boosting loan demand following the U.S. Federal Reserve's recent decision to increase borrowing costs for the first time in almost 10 years.

Together, the two measures are expected to result in the injection of 300 million Peruvian soles into the country's financial system, the central bank said.

The sol has fallen against the dollar since Donald Trump's U.S. election victory in November, the newswire noted.

As of Dec. 27, US$1 was equivalent to 3.38 Peruvian soles.