Peru central bank clashes with IMF over communication

Julio Velarde
Julio Velarde, governor of the Central Reserve Bank of Peru
Ministerio de Defensa del Perú

The Central Reserve Bank of Peru (BCRP) says it has no plans to change its monetary policy communication strategy despite advice from the International Monetary Fund suggesting “further enhancements” could be made.

According to the country’s most recent Article IV report, published on July 24, switching to an inflation-targeting regime has bought “significant transparency gains” to the central bank, but there remains the potential for “further improvements”.

“The BCRP could consider enhancing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.