Argentina central bank to lower Leliq rate to 36%, hike repo rate to 30% -bank source
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;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Other TopicsWorld Markets
Latest Markets Videos
- White House says Walmart, FedEx, UPS to work 24/7 to ease supply bottlenecks for holiday season
- Chinese online brokers Futu and UP Fintech face regulatory risks - People's Daily website
- September, Third Quarter 2021 Review and Outlook
- PRECIOUS-Gold eases as inflation data fans policy tightening bets