trending Market Intelligence /marketintelligence/en/news-insights/trending/eaUisg8jMuYYWv495XDJQg2 content esgSubNav
In This List

Argentina's central bank holds benchmark rate 24.75%


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Argentina's central bank holds benchmark rate 24.75%

For the eighth straight week, Banco Central de la República Argentina, on Jan. 24 decided to hold its benchmark interest rate at 24.75%.

In its decision, the central bank cited recent data released from the province of San Luis that, in addition to previously released data, confirms the disinflation process observed in the second half of 2016.

The regulator reaffirmed its Jan. 17 forecast for lower inflation rates in the coming months, but noted that estimates and high frequency indicators from state and private sources showed mixed signals on the evolution of prices in the past days of January, which requires a "clear anti-inflationary bias to ensure that the disinflation process continues towards its inflation target between 12% and 17% in 2017."