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Further Source Reports Echoing Yesterday’s Headlines On BCRA

ARGENTINA
  • (Reuters) - Argentina's central bank board members are set to hold the benchmark interest rate steady at 118% this month, two sources familiar with the matter said on Thursday.
    • "I don't see them raising the rate for a month," one of the sources told Reuters. The bank board usually meets weekly on Thursday, though monetary policy decisions can be taken at any time.
    • "The political cost of raising it is too high," a second official source said.

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