Argentina has increased its interest rates by 6.75 percentage points, from 33.25% to an annual rate of 40%.
The key rates a tool used by Central Banks to implement monetary policy.
An increase in interest rates is used to slow down inflation and protect the currency..
This change is the first to have taken place since on May3th 2018, when the Central Bank increasedinterest rates by 6.75 percentage points to 33.25%.
Here we show you the progression of interest rates in Argentina. You can see interest rates in other countries in interest rates and see all the economic information about Argentina in Argentina economy.