January 30, 2020 / 8:55 PM / a month ago

Argentine central bank lowers benchmark interest rate floor to 48% - statement

BUENOS AIRES, Jan 30 (Reuters) - Argentina’s central bank lowered the benchmark interest rate floor to 48% from a previous 50% on Thursday, it said in a statement, the fifth cut in under two months as the country’s new Peronist government looks to revive economic growth. (Reporting by Adam Jourdan and Nicolas Misculin)

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