Particle.news
Download on the App Store
8 ARTICLES
·
3w 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.
Image
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.
Image

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.