Peru's interest rate hold hits a tenth month at 4.25%. Inflation is 4% but just 1.6% once transport is stripped out, the bank's own numbers show.

Peru's central bank policy is ranked the best on earth. Its government efficiency ranks 60th of 70, and its infrastructure 65th.

El Banco Central de Reserva del Perú decidió mantener en 4,25% la tasa de interés de referencia al considerar que las expectativas de inflación permanecen dentro del rango meta y…