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3mo ago

Argentina’s Banks Lock in July Peso Deposit Rates Up to 36% as BCRA Sets 30.5% Benchmark

The central bank raised the nominal annual rate for 30-day peso deposits to 30.50% to redirect savings into local currency.

El plazo fijo vuelve a ser una opción más que tentadora de los argentinos para depositar sus ahorros.
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Con las recientes subas en las tasas, invertir en plazo fijo puede rendir más de lo que pensás. Calculá cuánta plata necesitás para generar $230.000 por mes.
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Overview

  • The central bank raised its nominal annual rate to 30.50% for 30-day peso deposits in early July as inflation remains near 2% monthly.
  • Banks submitted their 30-day deposit rates to the BCRA and indicated they will maintain these levels through July barring major currency or economic shocks.
  • Banco Nación and Banco Provincia de Buenos Aires offer the benchmark 30.50% TNA; Banco del Sol and Banco de Córdoba extend up to 36%.
  • According to the BCRA simulator, a 30-day ARS 480,000 peso deposit yields ARS 12,032.88; a ARS 3,000,000 placement returns about ARS 75,205.
  • Dollar-denominated 30-day fixed deposits carry annual yields between 0.05% at Santander and 2.50% at Banco Nación; banks are promoting them to capture dollar holdings.