Economics

Argentina’s Central Bank Weighs Rate Hike Amid IMF Talks

Central bank mulling its first rate increase since late 2020
Government seeking $3.8 billion reimbursement from the IMF

The Central Bank of Argentina in Buenos Aires, Argentina, on Monday, Dec. 6, 2021.
Photographer: Erica Canepa/Bloomberg

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By Patrick Gillespie and Ignacio Olivera Doll

December 14, 2021 at 8:41 PM UTC

Updated on

December 14, 2021 at 9:40 PM UTC

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Argentina’s central bank is weighing its first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the International Monetary Fund over a new financial program.