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Fixed Term: with the Increase in Fees, Which Bank Pays the Most Interest on Monday, October 13
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The Central Bank of the Argentine Republic (BCRA) reduced the Annual Nominal Rate (APR) by 5% due to the projections of a decrease in inflation, resulting in a decrease of more than 100 percentage points in the profits that banks grant through fixed terms. This measure, coupled with the abolition of the restrictions on minimum interest rates, led to a greater competitiveness among banking entities with respect to the remuneration they offer. For…
·Argentina
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