KM Financial Solutions | UPDATE 1-Argentine cenbank says hikes monetary policy rate again, to 40 pct
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UPDATE 1-Argentine cenbank says hikes monetary policy rate again, to 40 pct

UPDATE 1-Argentine cenbank says hikes monetary policy rate again, to 40 pct

BUENOS AIRES, May 4 (Reuters) – Argentina’s central bank on
Friday sharply raised its monetary policy rate to 40 percent,
and vowed to keep using all tools at its disposal in an effort
to hit the country’s 15 percent inflation target for this year.

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