Argentina hikes interest rate again as inflation hits 20-year high
17 Articles
17 Articles
Argentina hikes interest rates to 69.5% as inflation hits 20-year high
By ReutersArgentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid on spiraling inflation that rose to a 20-year high of 71%, according to new data.The central bank raised the benchmark rate for the 28-day term to 69.5% from 60%, a rate the bank set just two weeks ago when it hiked the rate by 800 basis points and the government shuffled its cabinet to install a new econom…
Argentina hikes interest rates to 69.5% as inflation hits 20-year high - Local News 8
By ReutersArgentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid on spiraling inflation that rose to a 20-year high of 71%, according to new data.The central bank raised the benchmark rate for the 28-day term to 69.5% from 60%, a rate the bank set just two weeks ago when it hiked the rate by 800 basis points and the government shuffled its cabinet to install a new econom…
Argentina hikes interest rate again as inflation hits 20-year high
Argentina's central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid on spiraling inflation that rose to a 20-year high of 71%, according to new data.
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