2023-05-12 19:24:36
After it became known inflation for the month of April, which reached 8.8%it is expected that the Central Bank of the Argentine Republic (BCRA) make a decision regarding the interest rates of fixed terms.
The last decision of the Central Bank regarding the interest rates of fixed terms
The measure was announced on Thursday, April 27, following the brutal escalation of the dollar. Its purpose is to stop the escalation of the parallel currency and motivate savers to bet on the peso.
In addition, the maximum amount up to which fixed terms have a regulated rate was increased from $10 million to $30 million. With this increase, the monthly yield of the fixed terms will reach 7.58%, therefore it was just below the inflation registered in March, which was 7.7%.
It is estimated that the country’s highest financial entity will take a measure in the coming days following the inflation for the month of April was released.
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