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BCRA Said To Be Weighing Rate Hike

ARGENTINA
  • Argentina’s central bank has been reported to be considering raising its benchmark rate on Thursday. This would represent the first hike since September after inflation data showed prices increased by more than 100% annually last month.
  • The reports are according to people with direct knowledge of the matter.
  • The board has not yet decided on the size of the hike in case they opt for such move, they said.

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