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Argentina central bank to lower Leliq rate to 36%, hike repo rate to 30% -bank source

Credit: REUTERS/Marcos Brindicci

Argentina's central bank will lower the benchmark Leliq rate to 36% from the previous level of 37%, a bank source said on Thursday, while raising the passive repo rate 3 points to 30%, as part of a wider interest rate harmonizing push.

BUENOS AIRES, Oct 15 (Reuters) - Argentina's central bank will lower the benchmark Leliq rate to 36% from the previous level of 37%, a bank source said on Thursday, while raising the passive repo rate 3 points to 30%, as part of a wider interest rate harmonizing push.

(Reporting by Adam Jourdan, writing by Cassandra Garrison, editing by Chris Reese)

((Cassandra.Garrison@thomsonreuters.com; +54 11 5830 7443;))

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