Argentina tweaks monetary policy framework

The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina’s (BCRA) monetary policy council will meet once, not twice, a month under its new monetary policy framework, a statement from the central bank revealed on July 10.

The move was announced in the central bank’s latest monetary policy statement. The council voted to leave interest rates unchanged at 40% and revealed it was making several changes to the monetary policy framework.

Moving to monthly meetings will mean the BCRA’s next decision will occur on August 7, and

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