Macroeconomy/Finance

Financing in the capital market grew 75% in pesos

In the first seven months of this year, the Argentine capital market in the local currency, increased by 75% compared to 2019 in the same period. Although this percentage must reduce by the effect of inflation (the year-on-year variation of the Argentine Consumer Price Index in July was 42.4%), the balance is still highly favourable. According to the National Securities Commission (CNV), total financing in July generated a positive variation of 28% in year-on-year terms and 76% compared to the previous month.

Source: Ámbito

Categories: Macroeconomy/Finance