For the fourth consecutive time, the Central Bank modified the bias of the statement, repeating the situation of March and May: a bias that indicated an early end to the hiking cycle, and then eliminated it and raised the rate more than expected.
It posted a return of 25.53% in the first half of the year, compared to 14.9% for the IPSA.
Complicated scenario for the refinancing of high-yield companies
For many Latin American countries, remittances are one of their main sources of foreign exchange income.