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15th Feb 2016 05:20Latin America, Economic Monitor

LatAm economies are being battered by high inflation triggered by currency sell-offs and El Niño supply shocks, so rates have had to rise despite the challenging global environment. Peru's central bank, the BCRP, was forced to increase interest rates by 25bp to 4.25% last Thursday, the fourth hike in six months, as inflation is far above the central bank's 1-to-3% target range.

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Keywords for: 15 Feb. 2016 Central Banks Keep Tightening Bias As USD Still A Concern

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