Argentina’s Central Bank will start to let its interest rates be defined by “supply and demand,” the monetary authorities announced. It contrasted the upcoming scheme to “an inflation targeting scheme, where the interest rate is calibrated by the Central Bank.”

SOURCE: BUENOS AIRES HERALD

https://buenosairesherald.com/economics/dollar-peso/argentinas-central-bank-announces-plan-to-stop-deciding-interest-rates

By Kevin

Leave a Reply

Your email address will not be published. Required fields are marked *