Note: Benchmark interest rate,
PDBC (Pagarés Descontables del Banco Central). On 26 July (effective:
9 August 2001), the Chilean Central Bank decided to define its monetary
policy interest rate in relation to Chilean Pesos rather than the
inflation-adjusted UF (Unidad de Fomento), a widely used indexing
unit. As of July 1997, the data in the chart refer to the nominal PDBC
90-days. Prior to that date, the chart reflects the 90 days PRBC (Pagarés Reajustables del Banco Central),
adjusted for inflation.
Source: Banco Central de Chile and LatinFocus calculations.
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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