Argentina: base interest rate 2010-2017

Published by Statista Research Department, Aug 12, 2024
Argentina is by far the Latin American country with the highest monetary policy rate as of 2018. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates. The base interest rate defined by Argentina's Central Bank more than doubled from 12.25 percent in 2010 to 26.42 percent in 2017.

Monetary policy rate in Argentina from 2010 to 2017

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Release date

December 2018

Region

Argentina

Survey time period

2010 to 2017

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