Argentina: $765 mln September trade defecit, Central Bank hikes policy rate to 27.75 %

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By Reuters

 

BUENOS AIRES, Oct 24 (Reuters) - Argentina’s central bank raised its benchmark interbank lending rate to 27.75 percent on Tuesday, up from 26.25 percent previously, the monetary authority said in a statement.

The increase followed data putting Argentina’s inflation at 1.9 percent in September, higher than previous months. The country’s cumulative inflation rate is...[Read More]

 

BUENOS AIRES, Oct 24 (Reuters) - Argentina posted a trade deficit of $765 million in September, government statistics agency Indec said on Tuesday, marking the ninth straight negative balance and bringing the cumulative deficit to...[Read More]

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