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Peru Holds Benchmark Rate At 4.50%

Dec 8, 2006

As expected, Peru's Central Bank held its benchmark interest rate at 4.50% Thursday. The Bank said it...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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