World
2023.05.15 22:08 GMT+8

Argentina central bank hikes interest rate to 97%

Updated 2023.05.15 22:23 GMT+8
CGTN

Argentina's central bank raised the country's benchmark interest rate by 600 basis points to 97%, according to an official announcement, as the country battles to bring down inflation that hit 109% on an annual basis in April.

Source(s): Reuters
Copyright © 

RELATED STORIES