The Central Bank (BCRA) announced today its decision to lower the interest rate. How it impacts.
He Central Bank (BCRA) announced today its decision to lower the interest rate for fixed-term deposits from 133% to 110% annual nominal, while it guaranteed the continuity of the UVA fixed terms.
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“In the context of a significant surplus of liquidity and high inflation, the board (of the BCRA) considered it prudent to maintain a minimum interest rate for fixed-term deposits, which it decided to establish in 110% nominal annual”, announced the monetary authority. Until yesterday the reference rate was 133%. That is to say that the Monthly Nominal Rate (TEM) it went to 9.15%.


Fixed term: How much do I earn if I invest $50,000 in a fixed term?
For those savers who deposit $50,000 Within 30 days, you will earn $4,520.55 and receive a total of $54,520.55.
Fixed term: How much do I earn if I invest $100,000 in a fixed term?
For those savers who deposit $100,000 within a fixed period of 30 days, with the new TNA will receive $9,160that is, the total amount to be withdrawn will be $109,160.
Fixed term: How much do I earn if I invest $200,000?
People who enter $200,000 in a fixed period, they will obtain at the end of the 30 days $218,320that is, a gain of $18,320.
Fixed term: How much do I earn if I invest $300,000 in a fixed term?
Finally, those who invest $300,000will receive at the end of the fixed term an additional amount of $27,480. That is, a total of $127,480.
Source: Ambito

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