{"id":10030,"date":"2025-11-06T19:11:39","date_gmt":"2025-11-06T22:11:39","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10030"},"modified":"2025-11-06T19:11:41","modified_gmt":"2025-11-06T22:11:41","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c11%ec%9b%94-06%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10030","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(11\uc6d4 06\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \uc7ac\ubb34\uccad, 111% \ub864\uc624\ubc84 \ub2ec\uc131 \ubc0f \ucc44\uad8c \ub9cc\uae30 \uc5f0\uc7a5
    \uc7ac\ubb34\uccad\uc740 \uc5b4\uc81c \uc131\uacf5\uc801\uc778 \uc785\ucc30\uc744 \ud1b5\ud574 8\uc870 5\ucc9c\uc5b5 \ud398\uc18c \ucc44\uad8c\uc744 \ubc1c\ud589\ud558\uace0, 9\uc870 3800\uc5b5 \ud398\uc18c\uc758 \uc785\ucc30\uc561 \uc81c\uc548\uc744 \ubc1b\uc544 111.17%\uc758 \ub864\uc624\ubc84\ub97c \ub2ec\uc131\ud588\ub2e4.
    \uc774\ub7f0 \uacb0\uacfc\ub294 10\uc6d4 \uc911\uac04\uc120\uac70 \uc774\ud6c4 \uc2dc\uc7a5\uc758 \uc815\ubd80\uc5d0 \ub300\ud55c \uae0d\uc815\uc801\uc778 \uc778\uc2dd\uc744 \ubc18\uc601\ud55c\ub2e4.
    \uc815\ubd80\ub294 \uc720\ub3d9\uc131 \ud761\uc218\uc640 \ud568\uaed8 \uc778\ud50c\ub808\uc774\uc158\ubcf4\ub2e4 \uc57d\uac04 \ub192\uc740 \uc6d4 2.5% \uc218\uc900\uc758 \uae08\ub9ac\ub97c \uc81c\uacf5\ud588\uace0, \uc774\ub294 \ud658\uc728\uc5d0 \ub300\ud55c \uc0c1\uc2b9 \uc555\ub825\uc744 \ubc1c\uc0dd\uc2dc\ud0a4\uc9c0 \uc54a\uc558\ub2e4.
    \ub610 2026\ub144 8\uc6d4\ubd80\ud130 \ub9cc\uae30\uac00 \ub418\ub294 \ucc44\uad8c\uc744 \ubc1c\ud589\ud558\uae30 \uc2dc\uc791\ud574 \uae30\uac04\uc774 \uc810\uc9c4\uc801\uc73c\ub85c \uc5f0\uc7a5\ub418\uace0 \uc788\ub2e4.
    \uc7ac\ubb34\uccad\uc740 \uc774\ubc88 \uacb0\uacfc\ub85c 12\uc6d4 40\uc870 \ud398\uc18c, 1\uc6d4 25\uc870 \ud398\uc18c\uc5d0 \ub2ec\ud558\ub294 \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131\uc774 \uac00\uc7a5 \ucef8\ub358 \uc2dc\uae30\uc758 \ucc44\uad8c \ub9cc\uae30\ub97c \uc644\ud654\ud558\uae30 \uc2dc\uc791\ud588\ub2e4.
    \uc774\uc640\uad00\ub828 La Naci\u00f3n \uc9c0\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubcf4\ub3c4\ud588\ub2e4.
    \uc678\ud658\uc2dc\uc7a5\uc5d0\uc11c \ud658\uc728\uc740 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\uc9c0\ub9cc, \uc120\uac70 \uc774\ud6c4 \uc6d4\uc694\uc77c\ubd80\ud130 \ub3c4\ub9e4\ud658\uc728\uc740 \uba70\uce60\ub3d9\uc548 \ud63c\uc870\uc138\ub97c \ubcf4\uc774\uba70 2.23% \uc0c1\uc2b9\ud588\ub2e4.
    \uc774\ubc88 \uc785\ucc30\uc758 \ucd08\uc810\uc740 \uc815\ubd80\uac00 \ub864\uc624\ubc84\uc640 \uc2dc\uc7a5\uc5d0 \ub0a8\uc744 \uc720\ub3d9\uc131 \uc561\uc218\uc5d0 \uc788\uc73c\uba70, \uacbd\uc81c\ud300\uc740 \uacbd\uc81c\ud65c\ub3d9 \ucd09\uc9c4\uc744 \uc704\ud574 \uc2e0\uc6a9\ub300\ucd9c \ud68c\ubcf5\uc744 \ubaa9\ud45c\ub85c \ud558\uace0\uc788\ub2e4.<\/li>\n\n\n\n
  2. \uc911\uc559\uc740\ud589, \uae08\ub9ac \ucd94\uac00 \uc778\ud558
    \uc911\uc559\uc740\ud589\uc740 BYMA (100\ub9cc \ud398\uc18c \uc774\uc0c1 \uc608\uae08)\uc758 \uae08\ub9ac\ub97c \uc5f0 25%\uc5d0\uc11c 22%\ub85c \ub0ae\ucdc4\ub2e4.
    LEFI (\uc7ac\uc815\uc720\ub3d9\uc131\ucc44\uad8c) \ud68c\uc218 \uc774\ud6c4 \ud1b5\ud654 \ub2f9\uad6d\uc740 \ub354\uc774\uc0c1 \uacf5\uc2dd\uc801\uc778 \uc815\ucc45 \uae08\ub9ac\ub97c \uc124\uc815\ud558\uc9c0 \uc54a\uc9c0\ub9cc, \uc120\uac70 \uc774\ud6c4 \ubcc0\ub3d9\uc131\uc774 \uc2ec\ud55c \uae08\uc735 \uc2dc\uc2a4\ud15c\uc744 \uc815\ub9ac\ud558\uae30 \uc704\ud55c \uae30\uc900\uc73c\ub85c \uc774 \uc870\uce58\ub97c \ucde8\ud588\ub2e4.
    \uc0c8\ub85c\uc6b4 3% \uc778\ud558\ub294 \uc740\ud589 \uac04\uc758 REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c) \ubc0f \ub2f4\ubcf4 \ub2e8\uae30 \uae08\ub9ac \ud558\ub77d\uc744 \uc720\ub3c4\ud558\ub294 \ubaa9\uc801\uc774\ub2e4.
    \uc774\ub294 \uae08\uc735\uae30\uad00\uc758 \uc815\uae30\uc608\uae08 \uc774\uc790\uc728\ub85c \uc774\uc5b4\uc838 \uc790\uae08 \uc870\ub2ec \ube44\uc6a9 \ud558\ub77d\uc744 \uac00\uc838\uc628\ub2e4.
    \uc911\uc559\uc740\ud589\uc758 \ucd5c\uadfc \uc790\ub8cc\uc5d0 \ub530\ub974\uba74, \ub2f9\uc88c \ub300\ucd9c \uae08\ub9ac\ub294 \uc5f0 49.2%\ub85c \ub5a8\uc5b4\uc84c\ub2e4.
    \uc120\uac70 \uc804\uc5d0\ub294 \uc5f0 190%\ub97c \ub118\uc5c8\uc5c8\ub2e4.
    \ud604\uc7ac 10\uc5b5 \ub2ec\ub7ec\uac00 \ub118\ub294 \uc608\uae08\uc774 \uc788\ub294 TAMAR (\uace0\uc561 \uc608\uae08) \uae08\ub9ac\ub294 \uc5f0 36.75% \uc218\uc900\uc73c\ub85c \ub2f9\uad6d\uc774 \ucd94\uc9c4\ud558\ub294 \ud1b5\ud654 \uc644\ud654 \uc591\uc0c1\uc744 \ubcf4\uc5ec\uc900\ub2e4.<\/li>\n\n\n\n
  3. \ub3c4\ub9e4\ud658\uc728 \uacc4\uc18d \ud558\ub77d, \ubc34\ub4dc \uc0c1\ub2e8\uc5d0\uc11c \uba40\uc5b4\uc838
    \uc911\uc559\uc740\ud589\uc758 \uae08\ub9ac\uc778\ud558\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \uc815\ubd80\ud658\uc728\uc740 2\uac70\ub798\uc77c \uc5f0\uc18d \ud558\ub77d\uc138\ub97c \uae30\ub85d\ud588\ub2e4.
    \ud658\uc728\uc740 1,449 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\uace0, \uc120\ubb3c\ud658\uc728\uc740 11\uc6d4 \ub9d0 1,467.50 \ud398\uc18c, 12\uc6d4 \ub9d0\uc740 1,502 \ud398\uc18c\ub85c \uac70\ub798\ub410\ub2e4.
    MEP \ud658\uc728\uc740 1,478.74 \ud398\uc18c, CCL \ud658\uc728\uc740 1,495.40 \ud398\uc18c\ub85c \uac01\uac01 \ud558\ub77d\ud588\ub2e4.<\/li>\n\n\n\n
  4. \ucc44\uad8c \uc0c1\uc2b9, \uad6d\uac00\uc704\ud5d8\ub3c4 \ud558\ub77d
    \ub2ec\ub7ec \ucc44\uad8c\uc740 \ud654\uc694\uc77c, \uc7ac\ubb34\uccad \ucc44\uad8c \uc785\ucc30\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \ub099\uad00\ub860\uc5d0 \ub300\ubd80\ubd84 \uc0c1\uc2b9 \ub9c8\uac10\ud588\ub2e4.
    \ucc44\uad8c\uc740 \ucd5c\ub300 4.4%\uae4c\uc9c0 \uc62c\ub790\uace0, \ub530\ub77c\uc11c \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 630bp \ubd80\uadfc\uc73c\ub85c \ub0b4\ub838\ub2e4.
    \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc758 ADR\uc740 \ucd5c\ub300 6.7%\uae4c\uc9c0 \uc0c1\uc2b9\ud588\ub2e4.
    Merval \uc9c0\uc218\ub294 \ucd5c\ub300 5.2%\uae4c\uc9c0 \uc0c1\uc2b9\uacfc \ucd5c\ub300 4.6%\uae4c\uc9c0 \ud558\ub77d\uc744 \uae30\ub85d\ud55c \ud63c\uc870\uc138\uc600\ub2e4.<\/li>\n\n\n\n
  5. \uc911\uc559\uc740\ud589 \uae30\uc900 \ud658\uc728 (TCR) \uc0b0\uc815 \ubc29\uc2dd \uc5c5\ub370\uc774\ud2b8 \uc81c\uc548
    \uc911\uc559\uc740\ud589\uc740 TCR\uc5d0 \ub300\ud55c \uacc4\uc0b0 \ubc29\ubc95\ub860\uc744 \uc218\uc815\ud558\uae30 \uc704\ud55c \ud504\ub85c\uc81d\ud2b8\uc5d0 \ub300\ud55c \uacf5\uac1c \ud611\uc758\ub97c \uc2dc\uc791\ud588\ub2e4.
    \uc0c8\ub85c\uc6b4 \uc9c0\ud45c\ub294 \ub354\ub192\uc740 \uc815\ud655\uc131, \ub300\ud45c\uc131, \ud22c\uc601\uc131\uc774 \ubaa9\ud45c\uc774\ub2e4.
    \uc774 \ud504\ub85c\uc81d\ud2b8\ub294 \ud604\uc7ac \uc870\uc0ac \uc2dc\uc2a4\ud15c (\uc2e0\uace0\ub41c \uac00\uaca9\uc758 3\uc77c\uac04 \uc870\uc0ac\uc5d0 \uae30\ubc18)\uc744 \uc2e4\uc81c\ub85c \uc218\ud589\ub41c \uac70\ub798\uc758 \uac00\uc911 \ud3c9\uade0\uce58\ub97c \uc0ac\uc6a9\ud558\ub294 \uac83\uc73c\ub85c \ub300\uccb4\ud560 \uac83\uc744 \uc81c\uc548\ud55c\ub2e4.
    \ub370\uc774\ud130\ub294 \uc2dc\uc7a5\uc5d0\uc11c \uc77c\uc77c \uac70\ub798\ub7c9\uc758 \uc57d 90%\ub97c \ucc28\uc9c0\ud558\ub294 \uac70\ub798\ub7c9\uc774 \uac00\uc7a5 \ub9ce\uc740 10\uac1c \uae30\uad00\uc5d0\uc11c \ubc1b\ub294\ub2e4.
    \ub610 \ucd1d \uac70\ub798\ub7c9\uc758 \uc57d 60%\ub97c \ucc28\uc9c0\ud558\ub294 50\ub9cc \ub2ec\ub7ec \uc774\uc0c1\uc758 \uace0\uac1d \uac70\ub798\uac00 \ud574\ub2f9\ub41c\ub2e4.
    \uae30\uc900 \ud658\uc728\uc740 \ub9e4\uc77c \ubc1c\ud45c\ud558\uba70 \uc740\ud589 \ub300\ucc28\ub300\uc870\ud45c \ubc0f \uc120\ubb3c\uc2dc\uc7a5\uc5d0 \uc911\uc694\ud55c \uc694\uc18c\ub85c, \ud604\uc7ac \uc0b0\uc815\ubc95\uc740 2002\ub144\ubd80\ud130 \ubcc0\uacbd\uc774 \uc5c6\uc5c8\ub2e4.<\/li>\n\n\n\n
  6. J.P \ubaa8\uac74, \ubc00\ub808\uc774 \uc815\ubd80 \uacbd\uc81c \uc815\ucc45 \uc9c0\uc6d0
    J.P \ubaa8\uac74\uc758 \ub514\ubaac \ucd5c\uace0 \uacbd\uc601\uc790\ub294 \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc5d0\uc11c \ubc00\ub808\uc774 \ub300\ud1b5\ub839\uacfc \ub9cc\ub09c \ud6c4, \uadf8\uc758 \uacbd\uc81c \uc815\ucc45\uc5d0 \ub300\ud55c \uc9c0\uc9c0\ub97c \ud45c\uba85\ud588\ub2e4.
    \uadf8\ub294 \uc815\ubd80\uac00 \uc798\ud558\uace0 \uc788\ub2e4\uba74\uc11c, \ub300\ud1b5\ub839\uc774 \uc7ac\uc784 \uc911 \ub0b4\ub0b4 \uc815\ucc45\uc744 \uc720\uc9c0\ud560 \uc218 \uc788\ub2e4\uba74 \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \ubcc0\ud560 \uac83\uc774\ub77c\uace0 \uac15\uc870\ud588\ub2e4.
    \uc815\ubd80\uac00 \ud604\uc7ac ‘\ubcc0\ud601\uc758 \uc2e4\uc81c \uae30\ud68c’\ub97c \uc2e4\uc2dc\ud558\uba70, \ucd5c\ub300 1\ucc9c\uc5b5 \ub2ec\ub7ec\uc758 \uc678\uad6d\uc778 \ud22c\uc790\ub97c \uc720\uce58\ud560 \uc218 \uc788\ub2e4\uace0 \uc608\uc0c1\ud588\ub2e4.
    \uc9c0\uae08 \ud22c\uc790\ud558\uace0 \uc2f6\uc5b4\ud558\ub294 \ub300\uae30\uc5c5\ub3c4 \uc788\uc73c\uba70, \uc678\ubd80\uc758 \ubd80\ucc44\uac00 \uc99d\uac00\ud560 \ud544\uc694\uac00 \uc5c6\uc9c0\ub9cc, \ub9cc\uc57d \ud544\uc694\ud560 \uacbd\uc6b0 \uae08\uc735 \uc9c0\uc6d0\uc744 \uae30\uaebc\uc774 \uc81c\uacf5\ud560 \uac83\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4.
    \uacfc\uac70\uc5d0\ub3c4 \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ud2b9\ubcc4 \uc9c0\uc6d0\uc744 \uc81c\uacf5\ud588\uc73c\uba70, \uc815\ubd80\uac00 \ud544\uc694\ud558\ub2e4\uba74 \uc81c\uc548\uc744 \uae30\uaebc\uc774 \ub4e4\uc744 \uac83\uc774\ub77c\uace0 \ub367\ubd99\uc600\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":10031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-10030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10030"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/10031"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}