KM Financial Solutions | UPDATE 1-Argentina cuts interest rate for 8th time since December
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UPDATE 1-Argentina cuts interest rate for 8th time since December

UPDATE 1-Argentina cuts interest rate for 8th time since December

Argentina’s central bank
lowered the benchmark interest rate to 38% from 40% on Thursday,
the eighth cut since the middle of December when the country’s
new Peronist government came to power pledging to rekindle
stalled growth.

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