The The Buenos Aires stock market moved lower this Thursday to the rhythm of a general fall in global markets in the face of growing inflationary pressures that show general increases in interest rates.
BYMA’s S&P Merval stock index lost 0.21% to 89,733.41 points, against a 1.09% decline on Wednesday. In New York, the Dow Jones fell 0.93%.
Argentina’s central bank (BCRA) benchmark rate could rise by around 200 basis points next week in response to a spike in retail prices, a Reuters poll revealed.
In turn, the Government of President Alberto Fernández and the International Monetary Fund (IMF) reached an agreement regarding the first review of the program closed in March, for which the approval of the board is expected so that the country receives a disbursement of 4,030 millions of dollars.
bonuses
In the fixed-income segment, bonds in dollars marked falls of up to 3.3%, and titles in pesos operated with decreases of up to 6.6%.
Source: Ambito
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