FX.co ★ Peru’s Central Bank Holds Benchmark Rate at 4.25% for October, Extending Pause

Peru has kept its key interest rate unchanged at 4.25% in October 2026, maintaining the same level set in September 2026. According to the latest update on 7 October 2026, the monetary authority opted for continuity, signaling a steady policy stance after its previous move left the benchmark rate at 4.25%.

The decision to hold rates indicates that policymakers are, for now, prioritizing stability, with no further tightening or easing in October. By extending the pause at 4.25%, the central bank maintains its current assessment of economic and financial conditions, leaving markets and businesses to operate under an unchanged borrowing cost environment for a second consecutive month.