What is the interest rate in Argentina?
Short Term Interest Rate is reported by reported by Central Bank of Argentina. The cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 33.84 % in Mar 2021. Argentina Exchange Rate against USD averaged 95.39 (ARS/USD) in Apr 2021.
What is the mortgage rate in Argentina?
In August 2019, the average mortgage rate was 50.74%, sharply up from 35.61% in August 2018 and 19.14% in August 2017, according to the Banco Central de la República Argentina (BCRA). In August 2019: Up to 5-year term: 52.26%, up from 38.4% a year earlier and 19.17% two years ago.
What was the bank interest rate in 2016?
Interest Rates of Tax-Saving Fixed Deposits for 2016
| Banks | Tax-Saver FD Interest Rates | |
|---|---|---|
| Yes Bank | 7.10% | 7.60% |
| Kotak Mahindra Bank | 6.00% | 6.50% |
| Deutsche Bank | 8.00% | 8.00% |
| IndusInd Bank | 6.75% | 7.25% |
Why is Argentina interest rate so high?
BUENOS AIRES, Nov 12 (Reuters) – Argentina hiked interest rates on Thursday after monthly inflation accelerated to the highest level this year, a move aimed at bolstering peso savings and reining in prices amid a wider economic crisis. The central bank also raised overnight and 7-day reverse repo rates.
What is the current inflation rate in Argentina?
Although data is not available from 2014 to 2016, Argentina’s inflation rate has been among the highest in the world for the past five years….Argentina: Inflation rate from 2004 to 2020 (compared to the previous year)
| Characteristic | Inflation rate compared to previous year |
|---|---|
| 2020 | 42.02% |
| 2019 | 53.55% |
| 2018 | 34.28% |
Is real estate expensive in Argentina?
The cost per square foot for the ready-to-move-into houses ranges from $65 to $93. This is where the wealthy Argentines live, so the houses are big. In other words, although the per-square-foot cost is low, the total cost is not entirely insignificant.
Is property expensive in Buenos Aires?
A real estate survey of Latin America (Rial), which was carried out by the University of Di Tella with Navent (Zonaprop), showed that Buenos Aires is the city with the most expensive square meter prices in the region.