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Argentina central bank raises policy rate to 28.75 pct
November 7, 2017 / 8:18 PM / a month ago

Argentina central bank raises policy rate to 28.75 pct

BUENOS AIRES, Nov 7 (Reuters) - Argentina’s central bank raised its policy rate to 28.75 percent on Tuesday, up from 27.25 percent previously, the monetary authority said in a statement.

It was the bank’s second consecutive hike as inflation expectations rise. (Reporting by Caroline Stauffer, Cassandra Garrison and Walter Bianchi)

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