Argentina’s Central Bank cut its one-day peso repo rate by 10 percentage points to 25 percent, according to two people with direct knowledge of the matter, stalling this week’s rebound in the currency.

The new rate was reported through the SIOPEL platform, the country’s main electronic trading system, the people said.

📰

Continue Reading on Buenos Aires Times

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →