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Argentina’s Central Bank Weighs Rate Hike Amid IMF Negotiations

ARGENTINA
  • (Bloomberg) -- Argentina’s central bank is weighing its first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the International Monetary Fund over a new financial program.
  • The monetary authority is considering the hike to narrow the gap in real interest rates -- the rate after adjusting for inflation -- in coming weeks, according to a person with direct knowledge of the matter.

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