Central Bank is due to lower interest rate to 38% on Thursday

The Central Bank has already made the decision that will be communicated on Thursday, following the Board meeting: the reference rate will drop by two points to 38% to continue the drop curve that began with the change of government. This time the Central decided to keep the downward trend but slowing the pace: the last time the cut had been 4 points.

Source: La Nacion

Categories: Macroeconomy/Finance