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The liquidity dollarization ratio has fallen by one percentage point in the last twelve months (from 33% in June 2017 to 32% in June 2018), the Central Reserve Bank of Peru reported ( BCRP). 19659002] Similarly, the dollarization of deposits was reduced from 40% to 39% over the same period.
By type of depositor, a decline in the dollarization of deposits to households was observed, from 35% in June 2017 to 33% in the same month of this year. The decline in dollarization of savings deposits and STCs increased by 3 percentage points in both cases, followed by overnight deposits, with a 1 percentage point reduction.
On the other hand, the dollarization of business deposits increased from 49% in June 2017 to 50% in June 2018; however, the dollarization of overnight deposits has been reduced by one percentage point in the last twelve months. ❧
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