Central Reserve Bank of Peru

Central Reserve Bank of Peru
Brief History

Established in 1922 as Banco de Reserva del Perú, it was reconstituted as Banco Central de Reserva del Perú (BCRP) in 1931. A new central bank law stating that the role of the central bank is to achieve monetary stability came into effect in 1993. The Organic Law of the BCRP states that the central bank is a public autonomous entity whose mandate is to preserve monetary stability. The Law also provides the central bank with the operational independence and autonomy required for

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