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Argentina cenbank raises interest rate to 145% from 118%- source

2023-10-12 19:19
BUENOS AIRES Argentina's central bank raised the country's benchmark interest rate to 145% from 118% on Thursday, a
Argentina cenbank raises interest rate to 145% from 118%- source

BUENOS AIRES Argentina's central bank raised the country's benchmark interest rate to 145% from 118% on Thursday, a source close to the matter told Reuters, as the South American country battles triple-digit annual inflation.

(Reporting by Jorge Otaola; Writing by Brendan O'Boyle; Editing by Anthony Esposito)