Argentina changes rates without public notification
Central bank continues its plan to close the gap between main policy rates
The Central Bank of Argentina changed its policy rates on October 29, but did so without releasing an official statement.
The BCRA raised the overnight reverse repo rate to 31% from 30%, and the seven-day reverse repo rate to 34.5% from 33%, and left the benchmark Leliq interest rate unchanged at 36%. But it did not issue a public statement announcing these moves.
The news agency Reuters reported the changes, referring to a market filing from the bank it had access to, and to a source with
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