Recent estimates from the president of the Central Reserve Bank of Peru, Julio Velarde, indicate that the country stands out as one of the most advanced in monetary digitization, second only to Argentina and Venezuela.
According to Velarde, Peru showed significant progress in this area in 2025,…
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Central Reserve Bank of Peru
Peru’s year-on-year inflation rose to 1.33 % in September
Peru's year-on-year inflation saw a slight rebound in September, reaching 1.33 %, according to data from the National Institute of Statistics and Informatics (INEI). However, according to the Central Reserve Bank, the indicator remains…
Central Bank of Peru launched first CBDC pilot project
A strategic partnership between the Central Reserve Bank of Peru and telecommunications company Viettel Perú, the South American country has launched its first CBDC pilot project.
The BCRP did not release details about this project.…
Peru seeks to integrate fintech into the digital payment system
The incorporation of fintech into the Peruvian economy is one of the objectives of the Central Reserve Bank of Peru (BCRP) in 2024.
The participation of fintech companies in the local economy is included in the initiative “Interoperability…