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Argentina's central bank hikes rates by 600 bps to 97%

Argentina's central bank hikes rates by 600 bps to 97%

Central Banks
Adam Button
15/05/2023 | 14:10 GMT
  • Another 600 bps should fix it

Whatever is ailing Argentina will surely be fixed by hiking rates to 97% from 91%.

This is obviously headed for yet-another ugly episode in Argentina, which has seen just about everything in the last 60 years.

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