News that Argentina's central bank is considering further interest rate hikes comes as inflation hits 124%
阿豆学长长ov
发表于 2023-10-12 01:12:20
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Annual inflation in Latin America's third-largest economy hit a 32-year high of 124 percent in August.
"No decision has been made yet, there are those who want to keep (interest rates) on hold and those who want to raise them," said the source, who asked not to be named.
Argentina's central bank board meets every Thursday, but monetary policy decisions can be made at any time.
Higher interest rates could encourage Argentines to convert their savings into pesos and ease pressure on the currency less than two weeks before the country's presidential election. On Monday, the Argentine peso fell to 945 to the dollar on the black market, down nearly 7% from Friday's close.
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