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Category Archives: Financial Times

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Argentina lifts rates to 69.5% as monthly inflation hits highest in 20 years

Financial TimesBy dfelibaAugust 12, 2022

David Feliba in Buenos Aires Original Story in the Financial Times Argentina’s central bank announced an outsized interest rate increase in its latest bid to quell inflation that is running at its quickest pace in decades. The Central Bank of Argentina on Thursday raised its benchmark Leliq rate 9.5 percentage points to an almost-three-year-high of…

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