Argentina Rate Hiked to 69.5% as Inflation Hits 20-year High

Argentina's central bank has raised its main rate of interest to 69.5% as it tries to contain soaring inflation. The bank put up its 28-day benchmark rate by 9.5% percentage points, its second hike in as many weeks. It comes as new figures showed inflation in the country had hit a 20-year high of ...

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