Argentina holds rates

Argentina holds rates

Argentina Economy & Policy

Argentina's central bank said it has kept its policy rate at 26.25% as inflation remains above the target range.The bank's monetary policy committee said 12-month inflation reached 21.4% in July but added that it expects it to slow down in August.The committee had targeted 12% to 17% inflation for 2017, but figures between February and April may have jeopardized its golas for the year."Rather than the original target for the 2017, the [monetary policy committee] is now focused on 2018," Alb

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