argentina bank interest rates | BTCC Learning Hub

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Argentina has been facing severe inflation, with rates as high as 109%. To combat this, the central bank has implemented fluctuations in its key interest rates. Initially, it hiked the rate to 80%, then lowered it to 70%, and subsequently increased the 7-day Leliq rate to 60%. Most recently, the key interest rate was hiked to 69.5%, making it one of the highest in the world. These measures reflect the country's ongoing struggle to stabilize its economy.

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