December 5, 2018 / 1:02 PM / 12 days ago

Argentina central bank removes 60 pct interest rate floor

BUENOS AIRES, Dec 5 (Reuters) - Argentina’s central bank announced on Wednesday that it would remove the 60 percent floor on its benchmark interest rate.

Economists maintained their estimate for year-end inflation in Argentina, which is expected to reach 47.5 percent in 2018, a central bank poll showed on Tuesday. (Reporting by Walter Bianchi; writing by Cassandra Garrison)

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