Today, the Board of the BCRA decided to keep unchanged the floor of the interest rate on liquidity bills (LELIQs) at 50%.
The recent changes on LELIQ auctions, which implied the offer of LELIQs for 14-day periods, involved a reduction of the benchmark interest rate in effective terms.
The Board of the BCRA will continue monitoring the performance of real interest rates and the development of economy, in the framework of the progress made regarding the Economic and Social Pact and the Agreement on Preserved Prices.
