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Central Bank Said To Hold Off Raising Key Rate

ARGENTINA
  • (Reuters) - Argentina's central bank debated an interest rate hike at its directors meeting on Thursday, a bank source told Reuters, though decided to hold the benchmark level steady for now and keep monitoring inflation and outflows of deposits.
    • "They changed their mind. There was a discussion and the idea prevailed that there was no need yet to raise rates," an official bank source said. "They will watch how things develop in the coming days."

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