Economy
14 October 2022, 7:05 pm 1 minute
Reuters exclusively reported Argentina’s central bank board was set to keep the benchmark interest rate steady at 75% as September inflation data came in lower than expected. The bank confirmed the news on Tuesday. The decision to hold the rate unchanged breaks one of the world’s most aggressive tightening cycles in the inflation-hit South American country where prices are set to rise around 100% this year.
Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: South America
Countries: Argentina
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story