The Argentine Central Bank (BCRA) yet again lowered the interest rate by 10%, it…

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The Argentine Central Bank (BCRA) yet again lowered the interest rate by 10%, it now stands at 40%

The interest rate has lowered from 130% to now 40%, due to this banks have for the first time in 6 years offered mortgages, business credit is now actually available and growing which is already (albeit this remains at a very early stage) had positive effects stimulating the economy without having to inject government tax money into it.


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