{"id":10342,"date":"2025-11-19T19:34:57","date_gmt":"2025-11-19T22:34:57","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10342"},"modified":"2025-11-19T19:36:12","modified_gmt":"2025-11-19T22:36:12","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c11%ec%9b%94-19%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10342","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(11\uc6d4 19\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/11\/download-17.jpg\" alt=\"\" class=\"wp-image-10343\" \/><\/figure>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\ub3c4\ub9e4 \ud658\uc728\uc740 \uc18c\ub7c9 \uac70\ub798\uc640 \uc815\ubd80\uc758 \uac1c\uc785 \uc758\ud639\uc73c\ub85c \uc778\ud574 1,400\ud398\uc18c\uae4c\uc9c0 \ubc18\ub4f1\ud588\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">\uacf5\uc2dd \ub2ec\ub7ec\ub294 \uc5b4\uc81c \ub3c4\ub9e4\uc2dc\uc7a5\uc5d0\uc11c 0.9% \uc0c1\uc2b9\ud558\uba70 1,400\ub2ec\ub7ec\uc5d0 \ub9c8\uac10\ud558\ub294 \ub4f1 \uc18c\ud3ed\uc774\uc9c0\ub9cc \uc0c1\ub2f9\ud55c \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4. \uc774 \uc6c0\uc9c1\uc784\uc740 \uae08\uc694\uc77c 1,403\ub2ec\ub7ec\uc5d0\uc11c 1,387\ub2ec\ub7ec\ub85c \ub5a8\uc5b4\uc84c\ub358 \uc6d4\uc694\uc77c\uc758 \ud558\ub77d\uc138\ub97c \uac70\uc758 \uc644\uc804\ud788 \ub418\ub3cc\ub9ac\ub294 \ub370 \uae30\uc5ec\ud588\uc2b5\ub2c8\ub2e4.<br>\uc774\ubc88 \uae09\ub4f1\uc740 \uac70\ub798\ub7c9\uc774 \uc801\uc5c8\uae30 \ub54c\ubb38\uc5d0(2\uc5b5 4900 \ub9cc \ub2ec\ub7ec) \ub9c8\uac10 \ubb34\ub835 \uc815\ubd80\uc758 \uad6c\ub9e4\uac00 \uc788\uc5c8\uc744 \uac00\ub2a5\uc131 \ub54c\ubb38\uc774\ub77c\uace0 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<br>\uc2dc\uc7a5\uc758 \ub9c8\uc9c0\ub9c9 \uba87 \ubd84 \ub3d9\uc548 \uac01\uac01 2\ucc9c\ub9cc \ub2ec\ub7ec\uc9dc\ub9ac \uc8fc\ubb38\uc774 \ub450 \uac74 \uad00\ucc30\ub418\uc5c8\uace0, \uacf5\uae09\ub7c9\uc774 \uc801\uc5b4 \uac00\uaca9\uc774 1,400\ud398\uc18c\uae4c\uc9c0 \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\uae08\uc735\uac00 \uae30\uc900\uc73c\ub85c,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>MEP\ub294 1,440.51\ud398\uc18c(\uaca9\ucc28 2.89%)<\/strong>\uc5d0 \ub9c8\uac10\ud588\uace0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CCL\uc740 1,471.50\ud398\uc18c(\uaca9\ucc28 5.11%)<\/strong>\uc5d0 \uac70\ub798\ub418\uc5c8\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Infobae \uae30\uc0ac\uc5d0\uc11c \ub2e4\uc74c\uacfc \uac19\uc774 \uc5b8\uae09\ud569\ub2c8\ub2e4:<br>\u201c\uad6d\uc81c\uc801\uc73c\ub85c \uc2dc\uc7a5\uc740 \ubbf8\uad6d \uc2dc\uc7a5\uc5d0\uc11c \uc2dc\uac00\ucd1d\uc561\uc774 \uac00\uc7a5 \ub192\uc740 \uc5d4\ube44\ub514\uc544\uc758 \uacb0\uacfc\uc5d0 \ub530\ub77c \uc57d\uc138\ub97c \ubcf4\uc774\uace0 \uc788\uc73c\uba70 \uc815\ubd80\uc758 \uc9c0\uc5f0\ub41c \uacbd\uc81c \uc9c0\ud45c\uc5d0 \ub300\ud55c \uae30\ub300 \uc18d\uc5d0, \uad6d\ub0b4 \uc2dc\uc7a5\uc740 \ud63c\uc870\ub41c \ubd84\uc704\uae30\uac00 \uad00\ucc30\ub429\ub2c8\ub2e4.&#8221;<br>\ud55c\ud3b8, \uad6d\ub0b4\uc5d0\uc11c\ub294 \ud63c\uc870\ub41c \ubd84\uc704\uae30\uac00 \ub098\ud0c0\ub0a9\ub2c8\ub2e4.<br>\ud55c\ucabd\uc5d0\uc11c\ub294 \uc815\ubd80\uac00 \uaddc\uc81c \uc644\ud654 \uac1c\ud601\uc744 \ucd94\uc9c4\ud574 \uacbd\uc81c \ud68c\ubcf5\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4\ub294 \uae30\ub300\uac10\uc774 \uacc4\uc18d\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>\ub2e4\ub978 \ud55c\ud3b8\uc73c\ub85c\ub294 \uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc5d0 \ub300\ud55c \uc6b0\ub824\uc640 \uad6d\uac00\uc704\ud5d8\ub3c4(Riesgo Pa\u00eds)\uac00 600\ud3ec\uc778\ud2b8 \uc544\ub798\ub85c \ub5a8\uc5b4\uc9c0\uae30 \uc5b4\ub835\ub2e4\ub294 \uc810\uc5d0\uc11c \uc758\ubb38\uc774 \uc81c\uae30\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li>\ub3c4\ub9e4 \ubb3c\uac00 \uc0c1\uc2b9\ub960, 5\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uc800\uce58 \uae30\ub85d<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">\ub3c4\ub9e4 \ubb3c\uac00\ub294 10\uc6d4\uc5d0 \ub69c\ub837\ud55c \ub454\ud654\ub97c \ubcf4\uc774\uba70 1.1% \uc0c1\uc2b9, \uc774\ub294 5\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \ubcc0\ub3d9\ud3ed\uc774\uc5c8\uc2b5\ub2c8\ub2e4.<br>\uc774\ubc88 \ub454\ud654\ub294 \uc8fc\ub85c \uc218\uc785 \uc0c1\ud488 \uac00\uaca9 \ud558\ub77d, \uadf8\ub9ac\uace0 \uad6d\uc0b0 \uc0c1\ud488 \uc77c\ubd80 \ud488\ubaa9\uc758 \ud558\ub77d(\ub2ec\ub7ec \uacf5\uc2dd\ud658\uc728 \ud558\ub77d \uc601\ud5a5) \uc774 \uc8fc\uc694 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud588\uc2b5\ub2c8\ub2e4.<br>\uc774 \uc218\uce58\ub294 9\uc6d4\uc758 3.7% \uae09\ub4f1\uacfc \ub300\uc870\ub418\uba70, 9\uc6d4\uc740 \uae08\uc735\u00b7\ud658\uc728 \ubd88\uc548\uc774 \uac70\uc14c\ub358 \ub2ec\uc785\ub2c8\ub2e4.<br>\uc218\uc785 \uc81c\ud488\uc740 9\uc6d4\uc5d0 9% \uae09\ub4f1\ud55c \ud6c4 10\uc6d4\uc5d0\ub294 1.4% \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.<br>\uad6d\uc0b0\ud488 \uc911\uc5d0\uc11c\ub294 \uae30\ucd08\uae08\uc18d(\ucca0\uac15\u00b7\uc54c\ub8e8\ubbf8\ub284 \ub4f1) \uc774 8.2% \uc0c1\uc2b9\uc5d0\uc11c 2.7% \ud558\ub77d\uc73c\ub85c \uc804\ud658\ub41c \uac83\uc774 \ub450\ub4dc\ub7ec\uc84c\uc2b5\ub2c8\ub2e4.<br>\ub610\ud55c \ucc28\ub7c9 \ubc0f \uc6d0\uc720 \uac00\uaca9\ub3c4 \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.<br>\ubc18\uba74, \uc77c\ubd80 \ud488\ubaa9\uc740 \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ub18d\ucd95\uc218\uc0b0\ubb3c: 4.5% \uc0c1\uc2b9<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\uc2dd\uc74c\ub8cc: 2.6% \uc0c1\uc2b9<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\uc5b4\uc5c5\u00b7\ubaa9\uc7ac\u00b7\ub2f4\ubc30: 3% \uc774\uc0c1 \uc0c1\uc2b9<br>\uc774\ub85c\uc368 \ub3c4\ub9e4\ubb3c\uac00\ub294 \uc62c\ud574 \uccab 10\uac1c\uc6d4\uac04 21.3% \uc0c1\uc2b9, \uc5f0\uac04 \uae30\uc900\uc73c\ub85c 24.1% \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ub450 \uc9c0\ud45c \ubaa8\ub450 \uac19\uc740 \uae30\uac04\uc758 \uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960\ubcf4\ub2e4 \ub0ae\uc2b5\ub2c8\ub2e4.<br>(\ub3c4\ub9e4\uc9c0\uc218\ub294 \uc6d0\uc7ac\ub8cc \ubc0f \uc911\uac04\uc7ac \uac00\uaca9 \ubcc0\ub3d9 \ubc18\uc601)<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li>\uc815\ubd80, \uae30\uc874\uc11d\uc720 \uc218\ucd9c\uad00\uc138(RETENCIONES) \ud3d0\uc9c0<br>\uc815\ubd80\ub294 \uad6d\uac00\uc640 \ucd94\ubd80\ud2b8(Chubut) \uc8fc \uac04\uc758 \ud569\uc758\uc5d0 \ub530\ub77c \uc6d0\uc720 \uc218\ucd9c\uc138 \ucca0\ud3d0\ub97c \ubc1c\ud45c\ud588\uc2b5\ub2c8\ub2e4.<br>\uc774 \uc870\uce58\ub294 \uc131\uc219 \ub2e8\uacc4 \uc720\uc804\uc758 \ud65c\ub3d9 \uc720\uc9c0<br>\ud22c\uc790 \uc608\uce21 \uac00\ub2a5\uc131 \ud655\ub300 \uc0b0\uc5c5 \uace0\uc6a9 \ubcf4\ud638<br>\ub97c \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4.<br>\uacbd\uc81c\ubd80\ub294 \uc774\ub97c \u201c\uacf5\ub3d9 \ub178\ub825\uc758 \ud611\uc815\u201d\uc774\ub77c\uace0 \uc124\uba85\ud558\uba70, \uc6b0\uc120 Chubut\uc5d0\uc11c \uc2dc\uc791\ud574 \ub2e4\ub978 \uc0b0\uc720 \uc8fc\ub4e4\ub85c \ud655\ub300\ub420 \uac83\uc774\ub77c\uace0 \ubc1d\ud614\uc2b5\ub2c8\ub2e4.<br>\uc774 \uc870\uce58\ub294 \uc815\ubd80\uac00 \uae30\uc874 \uc6d0\uc720\uc5d0 \ub300\ud55c \uc218\ucd9c\uc138\ub97c \ud3d0\uc9c0\ud558\ub294 \ubc29\ud5a5\uc73c\ub85c \uc218\ucd9c\uad8c \uccb4\uacc4\ub97c \uc870\uc815\ud560 \uc608\uc815\uc785\ub2c8\ub2e4.<br>\uc8fc \uc815\ubd80\ub294 \ub85c\uc5f4\ud2f0\u00b7\uc0ac\uc6a9\ub8cc \uac80\ud1a0\ub97c \ud1b5\ud574 \uc9c0\uc6d0 \uc815\ucc45\uc744 \uac15\ud654\ud558\uae30\ub85c \uc57d\uc18d\ud588\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc2dc, \ub274\uc695\uc5d0\uc11c 6\uc5b5 \ub2ec\ub7ec \ucc44\uad8c \ubc1c\ud589 \u2014 \ubd80\ucc44 \ub9cc\uae30 \uc5f0\uc7a5<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">\ud638\ub974\ud5e4 \ub9c8\ud06c\ub9ac \uc2dc\uc7a5\uc774 \uc774\ub044\ub294 \uc2dc \uc815\ubd80\ub294 \ub274\uc695 \uc2dc\uc7a5\uc5d0\uc11c 6\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ucc44\uad8c(\uae08\ub9ac 7.8%) \ubc1c\ud589\uc744 \uc644\ub8cc\ud588\uc2b5\ub2c8\ub2e4.<br>\uc774\ub294 \u201cBono Tango\u201d 13\ubc88 \uc2dc\ub9ac\uc988\uc758 \uc2e0\uaddc \ubc1c\ud589\uc73c\ub85c, \uc2dc \uc815\ubd80\ub294 \uc774\ub97c \ud1b5\ud574 \ubd80\ucc44 \ub9cc\uae30 \uad6c\uc870\ub97c \uac1c\uc120\ud558\ub824 \ud588\uc2b5\ub2c8\ub2e4.<br>\uac70\ub798\ub294 \uc601\uad6d\ubc95\uc5d0 \uc758\uac70\ud574 \uc774\ub904\uc84c\uc73c\uba70, \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \ub300\ud1b5\ub839\ub3c4 \uacf5\uac1c\uc801\uc73c\ub85c \uc774 \ubc1c\ud589\uc744 \ucd95\ud558\ud588\uc2b5\ub2c8\ub2e4.<br>\uc0c8\ub85c\uc6b4 \ucc44\uad8c\uc758 \ud3c9\uade0 \ub9cc\uae30\ub294 7\ub144, \uc774\ub294 \ud5a5\ud6c4 \ucc44\ubb34 \uc7ac\uc870\uc815\uc5d0 \uc5ec\uc720\ub97c \uc90d\ub2c8\ub2e4.<br>\ucd5c\uadfc \uba87 \ub2ec \ub3d9\uc548 \uc2dc\uc815\ubd80\ub294 \uc790\uccb4 \uc7ac\uc6d0\uc73c\ub85c \ubd80\ucc44 \uc870\uae30\uc0c1\ud658\uc744 \uacc4\uc18d\ud574\uc654\uace0,<br>\uc62c\ud574 6\uc6d4 1\uc77c\uc5d0\ub294 12\ubc88 \uc2dc\ub9ac\uc988\ub97c \uc0c1\ud658\ud558\uba70 3\uc5b53\ucc9c\ub9cc \ub2ec\ub7ec\ub97c \uc9c0\ubd88\ud588\uc2b5\ub2c8\ub2e4.<br>2017\ub144 \uc774\ud6c4 \uc2dc\uc758 \ucd1d\ubd80\ucc44\ub294 34\uc5b5 4,200\ub9cc \ub2ec\ub7ec\uc5d0\uc11c 11\uc5b5 8,800\ub9cc \ub2ec\ub7ec\ub85c \uac10\uc18c\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li>\uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44 \ud558\ub77d \u2014 \uad6d\uac00\uc704\ud5d8\ub3c4 600\ud3ec\uc778\ud2b8 \uc7ac\ub3cc\ud30c<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">\uc5b4\uc81c \uad6d\ucc44\uc2dc\uc7a5\uc740 \uc804\ubc18\uc801\uc73c\ub85c \ubd80\uc9c4\ud558\uba70 \uc678\ud654 \ucc44\uad8c\uc774 \ub450\ub4dc\ub7ec\uc9c0\uac8c \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.<br>Globales \ucc44\uad8c\uc740 \ub2e8\u00b7\uc911\uae30 \uad6c\uac04\uc5d0\uc11c \ucd5c\ub300 2.1% \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.<br>\uad6d\uac00\uc704\ud5d8\ub3c4(Riesgo Pa\u00eds)\ub294 \ub2e4\uc2dc 600bp(\uae30\uc900\ud3ec\uc778\ud2b8) \ub97c \ub118\uc5b4\uc130\uc2b5\ub2c8\ub2e4.<br>\ud398\uc18c \ucc44\uad8c\ub3c4 \ud558\ub77d\ud588\uc9c0\ub9cc \ubcc0\ub3d9\uc131\uc740 \ub354 \ucef8\uc2b5\ub2c8\ub2e4.<br>\ubc18\uba74, \ub274\uc695\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd(ADR)\uc740 \uc7a5 \ub9c8\uac10 \ubb34\ub835 \ubc18\ub4f1\ud558\uc5ec \ucd5c\ub300 3.6% \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.<br>\ub610\ud55c, \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uace0\ub294 2\uc5b5 6,400\ub9cc \ub2ec\ub7ec \uc99d\uac00, \ucd1d 406\uc5b5 2,000\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5c8\uc2b5\ub2c8\ub2e4.<br>Road Show \uc6f9\uc0ac\uc774\ud2b8\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubd84\uc11d\ud588\uc2b5\ub2c8\ub2e4.<br>\u201c\uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc740 \ubaa9\ud45c\uc774\uc9c0\ub9cc, \uc774\ub294 \ud398\uc18c \uc218\uc694\uac00 \ud5c8\uc6a9\ud558\ub294 \ubc94\uc704\uc5d0\uc11c\ub9cc \uc9c4\uc804\ub420 \uc218 \uc788\ub2e4.<br>\uc774 \uad6c\uc870\uc5d0\uc11c \uc7ac\ubb34\ubd80\uac00 \ub2ec\ub7ec \ub9e4\uc785 \uc758\uc9c0\ub97c \ubcf4\uc600\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, BCRA\uc758 \uc815\ucc45\uc740 \u2018\uc2e0\uc911\ud558\uace0 \ubc18\uc751\uc801\uc778(prudente y reactiva)\u2019 \uc131\uaca9\uc744 \uc720\uc9c0\ud558\uba70 \uacf5\uac1c\uc801\uc778 \uac1c\uc785 \uc77c\uc815\uc740 \uc81c\uc2dc\ud558\uc9c0 \uc54a\uc744 \uac83\uc774\ub2e4.\u201d<br>\u00c1mbito Financiero\uc5d0\uc11c\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubcf4\ub3c4\ud588\uc2b5\ub2c8\ub2e4.<br>\u201c\ud1b5\ud654\ub2f9\uad6d\uc790\ub294 \uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc774 \ud575\uc2ec \ubaa9\ud45c\uc774\uc9c0\ub9cc, \uc774\ub294 \uc624\ub85c\uc9c0 \ud398\uc18c \uc218\uc694\uac00 \ud5c8\uc6a9\ud558\ub294 \ub9cc\ud07c\ub9cc \uc9c4\uc804\ub420 \uac83\uc774\ub77c\uace0 \uc778\uc815\ud588\ub2e4.<br>\uc7ac\ubb34\ubd80\uac00 \uc678\ud654 \ub9e4\uc785 \uc758\uc9c0\ub97c \ubcf4\uc600\uc74c\uc5d0\ub3c4, \uc911\uc559\uc740\ud589\uc740 \uc2e0\uc911\ud558\uace0 \ubc18\uc751\uc801\uc778 \uc815\ucc45\uc744 \uc720\uc9c0\ud558\uba70, \uace0\uc815\uc801\uc778 \uc2dc\uc7a5 \uac1c\uc785 \uc77c\uc815\ubcf4\ub2e4\ub294 \ud1b5\ud654\uc548\uc815\uc744 \uc6b0\uc120\ud560 \uac83\uc774\ub2e4.\u201d<\/p>\n\n\n\n<ol start=\"6\" class=\"wp-block-list\">\n<li>\ubbf8\uad6d\uc758 \uae08\ub9ac \ucd94\uac00 \uc778\ud558 \uae30\ub300\uac00 \uc57d\ud654<br>\uae34 \uc5f0\ubc29\uc815\ubd80 \uc167\ub2e4\uc6b4\uc774 \uc885\ub8cc\ub418\uba70 \ud1b5\uacc4 \ubc1c\ud45c\uac00 \uc7ac\uac1c\ub418\uc5c8\uc9c0\ub9cc, \ub370\uc774\ud130 \ubc1c\ud45c \uc9c0\uc5f0 \ud575\uc2ec \uc9c0\ud45c \ubd80\uc7ac<br>\ub85c \uc778\ud574 12\uc6d4 10\uc77c \uc5f0\uc900 \ud68c\uc758\ub97c \uc55e\ub450\uace0 \ub0b4\ubd80\uc5d0\uc11c\ub294 \uacbd\uacc4\uac00 \ucee4\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br>\uc774\ubc88 \uc8fc \ubaa9\uc694\uc77c \ubc1c\ud45c\ub420 9\uc6d4 \uace0\uc6a9\ubcf4\uace0\uc11c\ub294<br>\uc2e4\uc5c5\ub960 \ud3ec\ud568\ub418\uc9c0 \uc54a\uace0, \uc77c\uc790\ub9ac \uc99d\uac00 \uc218\uce58\ub9cc \ubc1c\ud45c<br>\ub418\ub294 \ubd88\uc644\uc804\ud55c \ubcf4\uace0\uc11c\uac00 \ub420 \uc608\uc815\uc785\ub2c8\ub2e4.<br>\uc2dc\uc7a5 \uc608\uc0c1\uc740 5\ub9cc \uba85 \uc2e0\uaddc\uace0\uc6a9(8\uc6d4 2\ub9cc2\ucc9c \uba85)\uc785\ub2c8\ub2e4.<br>\uc774 \uc0c1\ud669\uc5d0\uc11c 12\uc6d4 \uae08\ub9ac\uc778\ud558 \ud655\ub960\uc740 51.1%\ub85c \uac10\uc18c, 3\uc8fc \uc804\ubcf4\ub2e4 \ud06c\uac8c \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.<br>(\uc790\ub8cc: CME FedWatch)<br>\uc81c\ub86c \ud30c\uc6d4\uc740 \u201c\ucd94\uac00 \uae08\ub9ac \uc778\ud558 \ubcf4\uc7a5\uc740 \uc5c6\ub2e4\u201d\uace0 \uc774\ubbf8 \uacbd\uace0\ud55c \ubc14 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>AI \ubc88\uc5ed\uc744 \uad50\uc815\ud574\uc11c \uc62c\ub9bd\ub2c8\ub2e4.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\uacf5\uc2dd \ub2ec\ub7ec\ub294 \uc5b4\uc81c \ub3c4\ub9e4\uc2dc\uc7a5\uc5d0\uc11c 0.9% \uc0c1\uc2b9\ud558\uba70 1,400\ub2ec\ub7ec\uc5d0 \ub9c8\uac10\ud558\ub294 \ub4f1 \uc18c\ud3ed\uc774\uc9c0\ub9cc \uc0c1\ub2f9\ud55c \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4. \uc774 \uc6c0\uc9c1\uc784\uc740 \uae08\uc694\uc77c 1,403\ub2ec\ub7ec\uc5d0\uc11c 1,387\ub2ec\ub7ec\ub85c \ub5a8\uc5b4\uc84c\ub358 \uc6d4\uc694\uc77c\uc758 \ud558\ub77d\uc138\ub97c \uac70\uc758 \uc644\uc804\ud788 \ub418\ub3cc\ub9ac\ub294 \ub370 \uae30\uc5ec\ud588\uc2b5\ub2c8\ub2e4.\uc774\ubc88 \uae09\ub4f1\uc740 \uac70\ub798\ub7c9\uc774 \uc801\uc5c8\uae30 \ub54c\ubb38\uc5d0(2\uc5b5 4900 \ub9cc \ub2ec\ub7ec) \ub9c8\uac10 \ubb34\ub835 \uc815\ubd80\uc758 \uad6c\ub9e4\uac00 \uc788\uc5c8\uc744 \uac00\ub2a5\uc131 \ub54c\ubb38\uc774\ub77c\uace0 \ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\uc2dc\uc7a5\uc758 \ub9c8\uc9c0\ub9c9 \uba87 \ubd84 \ub3d9\uc548 \uac01\uac01 2\ucc9c\ub9cc \ub2ec\ub7ec\uc9dc\ub9ac \uc8fc\ubb38\uc774 \ub450 \uac74 \uad00\ucc30\ub418\uc5c8\uace0, \uacf5\uae09\ub7c9\uc774 \uc801\uc5b4 \uac00\uaca9\uc774 1,400\ud398\uc18c\uae4c\uc9c0 \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4. \uae08\uc735\uac00 \uae30\uc900\uc73c\ub85c, MEP\ub294 1,440.51\ud398\uc18c(\uaca9\ucc28 2.89%)\uc5d0 \ub9c8\uac10\ud588\uace0 CCL\uc740 1,471.50\ud398\uc18c(\uaca9\ucc28 5.11%)\uc5d0 \uac70\ub798\ub418\uc5c8\uc2b5\ub2c8\ub2e4. Infobae \uae30\uc0ac\uc5d0\uc11c \ub2e4\uc74c\uacfc \uac19\uc774 \uc5b8\uae09\ud569\ub2c8\ub2e4:\u201c\uad6d\uc81c\uc801\uc73c\ub85c \uc2dc\uc7a5\uc740 \ubbf8\uad6d \uc2dc\uc7a5\uc5d0\uc11c \uc2dc\uac00\ucd1d\uc561\uc774 \uac00\uc7a5 \ub192\uc740 \uc5d4\ube44\ub514\uc544\uc758 \uacb0\uacfc\uc5d0 \ub530\ub77c \uc57d\uc138\ub97c \ubcf4\uc774\uace0 \uc788\uc73c\uba70 \uc815\ubd80\uc758 \uc9c0\uc5f0\ub41c \uacbd\uc81c \uc9c0\ud45c\uc5d0 \ub300\ud55c \uae30\ub300 \uc18d\uc5d0, \uad6d\ub0b4 \uc2dc\uc7a5\uc740 \ud63c\uc870\ub41c \ubd84\uc704\uae30\uac00 \uad00\ucc30\ub429\ub2c8\ub2e4.&#8221;\ud55c\ud3b8, \uad6d\ub0b4\uc5d0\uc11c\ub294 \ud63c\uc870\ub41c \ubd84\uc704\uae30\uac00 \ub098\ud0c0\ub0a9\ub2c8\ub2e4.\ud55c\ucabd\uc5d0\uc11c\ub294 \uc815\ubd80\uac00 \uaddc\uc81c \uc644\ud654 \uac1c\ud601\uc744 \ucd94\uc9c4\ud574 \uacbd\uc81c \ud68c\ubcf5\uc744 \ub4b7\ubc1b\uce68\ud55c\ub2e4\ub294 \uae30\ub300\uac10\uc774 \uacc4\uc18d\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.\ub2e4\ub978 \ud55c\ud3b8\uc73c\ub85c\ub294 \uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc5d0 \ub300\ud55c \uc6b0\ub824\uc640 \uad6d\uac00\uc704\ud5d8\ub3c4(Riesgo Pa\u00eds)\uac00 600\ud3ec\uc778\ud2b8 \uc544\ub798\ub85c \ub5a8\uc5b4\uc9c0\uae30 \uc5b4\ub835\ub2e4\ub294 \uc810\uc5d0\uc11c \uc758\ubb38\uc774 \uc81c\uae30\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub3c4\ub9e4 \ubb3c\uac00\ub294 10\uc6d4\uc5d0 \ub69c\ub837\ud55c \ub454\ud654\ub97c \ubcf4\uc774\uba70 1.1% \uc0c1\uc2b9, \uc774\ub294 5\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub0ae\uc740 \ubcc0\ub3d9\ud3ed\uc774\uc5c8\uc2b5\ub2c8\ub2e4.\uc774\ubc88 \ub454\ud654\ub294 \uc8fc\ub85c \uc218\uc785 \uc0c1\ud488 \uac00\uaca9 \ud558\ub77d, \uadf8\ub9ac\uace0 \uad6d\uc0b0 \uc0c1\ud488 \uc77c\ubd80 \ud488\ubaa9\uc758 \ud558\ub77d(\ub2ec\ub7ec \uacf5\uc2dd\ud658\uc728 \ud558\ub77d \uc601\ud5a5) \uc774 \uc8fc\uc694 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud588\uc2b5\ub2c8\ub2e4.\uc774 \uc218\uce58\ub294 9\uc6d4\uc758 3.7% \uae09\ub4f1\uacfc \ub300\uc870\ub418\uba70, 9\uc6d4\uc740 \uae08\uc735\u00b7\ud658\uc728 \ubd88\uc548\uc774 \uac70\uc14c\ub358 \ub2ec\uc785\ub2c8\ub2e4.\uc218\uc785 \uc81c\ud488\uc740 9\uc6d4\uc5d0 9% \uae09\ub4f1\ud55c \ud6c4 10\uc6d4\uc5d0\ub294 1.4% \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.\uad6d\uc0b0\ud488 \uc911\uc5d0\uc11c\ub294 \uae30\ucd08\uae08\uc18d(\ucca0\uac15\u00b7\uc54c\ub8e8\ubbf8\ub284 \ub4f1) \uc774 8.2% \uc0c1\uc2b9\uc5d0\uc11c 2.7% \ud558\ub77d\uc73c\ub85c \uc804\ud658\ub41c \uac83\uc774 \ub450\ub4dc\ub7ec\uc84c\uc2b5\ub2c8\ub2e4.\ub610\ud55c \ucc28\ub7c9 \ubc0f \uc6d0\uc720 \uac00\uaca9\ub3c4 \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.\ubc18\uba74, \uc77c\ubd80 \ud488\ubaa9\uc740 \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4: \ub18d\ucd95\uc218\uc0b0\ubb3c: 4.5% \uc0c1\uc2b9 \uc2dd\uc74c\ub8cc: 2.6% \uc0c1\uc2b9 \uc5b4\uc5c5\u00b7\ubaa9\uc7ac\u00b7\ub2f4\ubc30: 3% \uc774\uc0c1 \uc0c1\uc2b9\uc774\ub85c\uc368 \ub3c4\ub9e4\ubb3c\uac00\ub294 \uc62c\ud574 \uccab 10\uac1c\uc6d4\uac04 21.3% \uc0c1\uc2b9, \uc5f0\uac04 \uae30\uc900\uc73c\ub85c 24.1% \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4. \ub450 \uc9c0\ud45c \ubaa8\ub450 \uac19\uc740 \uae30\uac04\uc758 \uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960\ubcf4\ub2e4 \ub0ae\uc2b5\ub2c8\ub2e4.(\ub3c4\ub9e4\uc9c0\uc218\ub294 \uc6d0\uc7ac\ub8cc \ubc0f \uc911\uac04\uc7ac \uac00\uaca9 \ubcc0\ub3d9 \ubc18\uc601) \ud638\ub974\ud5e4 \ub9c8\ud06c\ub9ac \uc2dc\uc7a5\uc774 \uc774\ub044\ub294 \uc2dc \uc815\ubd80\ub294 \ub274\uc695 \uc2dc\uc7a5\uc5d0\uc11c 6\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ucc44\uad8c(\uae08\ub9ac 7.8%) \ubc1c\ud589\uc744 \uc644\ub8cc\ud588\uc2b5\ub2c8\ub2e4.\uc774\ub294 \u201cBono Tango\u201d 13\ubc88 \uc2dc\ub9ac\uc988\uc758 \uc2e0\uaddc \ubc1c\ud589\uc73c\ub85c, \uc2dc \uc815\ubd80\ub294 \uc774\ub97c \ud1b5\ud574 \ubd80\ucc44 \ub9cc\uae30 \uad6c\uc870\ub97c \uac1c\uc120\ud558\ub824 \ud588\uc2b5\ub2c8\ub2e4.\uac70\ub798\ub294 \uc601\uad6d\ubc95\uc5d0 \uc758\uac70\ud574 \uc774\ub904\uc84c\uc73c\uba70, \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \ub300\ud1b5\ub839\ub3c4 \uacf5\uac1c\uc801\uc73c\ub85c \uc774 \ubc1c\ud589\uc744 \ucd95\ud558\ud588\uc2b5\ub2c8\ub2e4.\uc0c8\ub85c\uc6b4 \ucc44\uad8c\uc758 \ud3c9\uade0 \ub9cc\uae30\ub294 7\ub144, \uc774\ub294 \ud5a5\ud6c4 \ucc44\ubb34 \uc7ac\uc870\uc815\uc5d0 \uc5ec\uc720\ub97c \uc90d\ub2c8\ub2e4.\ucd5c\uadfc \uba87 \ub2ec \ub3d9\uc548 \uc2dc\uc815\ubd80\ub294 \uc790\uccb4 \uc7ac\uc6d0\uc73c\ub85c \ubd80\ucc44 \uc870\uae30\uc0c1\ud658\uc744 \uacc4\uc18d\ud574\uc654\uace0,\uc62c\ud574 6\uc6d4 1\uc77c\uc5d0\ub294 12\ubc88 \uc2dc\ub9ac\uc988\ub97c \uc0c1\ud658\ud558\uba70 3\uc5b53\ucc9c\ub9cc \ub2ec\ub7ec\ub97c \uc9c0\ubd88\ud588\uc2b5\ub2c8\ub2e4.2017\ub144 \uc774\ud6c4 \uc2dc\uc758 \ucd1d\ubd80\ucc44\ub294 34\uc5b5 4,200\ub9cc \ub2ec\ub7ec\uc5d0\uc11c 11\uc5b5 8,800\ub9cc \ub2ec\ub7ec\ub85c \uac10\uc18c\ud588\uc2b5\ub2c8\ub2e4. \uc5b4\uc81c \uad6d\ucc44\uc2dc\uc7a5\uc740 \uc804\ubc18\uc801\uc73c\ub85c \ubd80\uc9c4\ud558\uba70 \uc678\ud654 \ucc44\uad8c\uc774 \ub450\ub4dc\ub7ec\uc9c0\uac8c \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.Globales \ucc44\uad8c\uc740 \ub2e8\u00b7\uc911\uae30 \uad6c\uac04\uc5d0\uc11c \ucd5c\ub300 2.1% \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.\uad6d\uac00\uc704\ud5d8\ub3c4(Riesgo Pa\u00eds)\ub294 \ub2e4\uc2dc 600bp(\uae30\uc900\ud3ec\uc778\ud2b8) \ub97c \ub118\uc5b4\uc130\uc2b5\ub2c8\ub2e4.\ud398\uc18c \ucc44\uad8c\ub3c4 \ud558\ub77d\ud588\uc9c0\ub9cc \ubcc0\ub3d9\uc131\uc740 \ub354 \ucef8\uc2b5\ub2c8\ub2e4.\ubc18\uba74, \ub274\uc695\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd(ADR)\uc740 \uc7a5 \ub9c8\uac10 \ubb34\ub835 \ubc18\ub4f1\ud558\uc5ec \ucd5c\ub300 3.6% \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.\ub610\ud55c, \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uace0\ub294 2\uc5b5 6,400\ub9cc \ub2ec\ub7ec \uc99d\uac00, \ucd1d 406\uc5b5 2,000\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5c8\uc2b5\ub2c8\ub2e4.Road Show \uc6f9\uc0ac\uc774\ud2b8\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubd84\uc11d\ud588\uc2b5\ub2c8\ub2e4.\u201c\uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc740 \ubaa9\ud45c\uc774\uc9c0\ub9cc, \uc774\ub294 \ud398\uc18c \uc218\uc694\uac00 \ud5c8\uc6a9\ud558\ub294 \ubc94\uc704\uc5d0\uc11c\ub9cc \uc9c4\uc804\ub420 \uc218 \uc788\ub2e4.\uc774 \uad6c\uc870\uc5d0\uc11c \uc7ac\ubb34\ubd80\uac00 \ub2ec\ub7ec \ub9e4\uc785 \uc758\uc9c0\ub97c \ubcf4\uc600\uc74c\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, BCRA\uc758 \uc815\ucc45\uc740 \u2018\uc2e0\uc911\ud558\uace0 \ubc18\uc751\uc801\uc778(prudente y reactiva)\u2019 \uc131\uaca9\uc744 \uc720\uc9c0\ud558\uba70 \uacf5\uac1c\uc801\uc778 \uac1c\uc785 \uc77c\uc815\uc740 \uc81c\uc2dc\ud558\uc9c0 \uc54a\uc744 \uac83\uc774\ub2e4.\u201d\u00c1mbito Financiero\uc5d0\uc11c\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubcf4\ub3c4\ud588\uc2b5\ub2c8\ub2e4.\u201c\ud1b5\ud654\ub2f9\uad6d\uc790\ub294 \uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc774 \ud575\uc2ec \ubaa9\ud45c\uc774\uc9c0\ub9cc, \uc774\ub294 \uc624\ub85c\uc9c0 \ud398\uc18c \uc218\uc694\uac00 \ud5c8\uc6a9\ud558\ub294 \ub9cc\ud07c\ub9cc \uc9c4\uc804\ub420 \uac83\uc774\ub77c\uace0 \uc778\uc815\ud588\ub2e4.\uc7ac\ubb34\ubd80\uac00 \uc678\ud654 \ub9e4\uc785 \uc758\uc9c0\ub97c \ubcf4\uc600\uc74c\uc5d0\ub3c4, \uc911\uc559\uc740\ud589\uc740 \uc2e0\uc911\ud558\uace0 \ubc18\uc751\uc801\uc778 \uc815\ucc45\uc744 \uc720\uc9c0\ud558\uba70, \uace0\uc815\uc801\uc778 \uc2dc\uc7a5 \uac1c\uc785 \uc77c\uc815\ubcf4\ub2e4\ub294 \ud1b5\ud654\uc548\uc815\uc744 \uc6b0\uc120\ud560 \uac83\uc774\ub2e4.\u201d<\/p>\n","protected":false},"author":6,"featured_media":10343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-10342","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\/10342","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=10342"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/10343"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}