Argentine cenbank cuts benchmark interest rate to 50% from 52%
16 Jan Argentine cenbank cuts benchmark interest rate to 50% from 52%
Posted at 00:06h
in
News
by KMFSLLP
Argentina’s central bank
said late on Thursday it had cut its benchmark interest rate
floor to 50% from 52%, the fourth such cut in just under two
months as part of an effort to revive Latin America’s No. 3
economy.
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