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Montevideo, September 23rd 2018 - 14:27 UTC

Tag: deficit to zero

  • Wednesday, September 12th 2018 - 08:55 UTC

    Argentina's central bank keeps key interest rate at 60%

    Central Bank President Luis Caputo has sold international reserves, raised bank reserve requirements and announced a plan to eliminate a portion of public debt

    Argentina's central bank kept its key interest rate on Wednesday at 60%, one of the highest in the world, following a surprise hike two weeks ago after the peso plunged. Central bank officials said in a statement that inflation accelerated in August and continues to do so September, citing high-frequency data.