Argentina has lowered its interest rates by 33 percentage points, from 133% to an annual rate of 100%.
The key rates a tool used by Central Banks to implement monetary policy.
A reduction in interest rates counters a weakening of prices, or a possible deflationary situation. It also revitalizes the economy and helps to increase exports.
This change is the first to have taken place since on October12th 2023, when the Central Bank increased interest rates by 15 percentage points to 133%.
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.