Fixed term grows without stopping: what explains the strong demand for rates in pesos

Fixed-term deposits showed slight losses in the last month. Still, the instrument gains more and more attractive and is reflected in the high demand, in the midst of exchange rate stability and the trend of inflation slowdown, beyond the typical swings of the process. Analysts, meanwhile, predict that it will continue to demand thanks to this scenario.The monthly return of 2% to 2.3%, depending on the bank, was below the 2.4% recorded by the CPI…