{"id":10625,"date":"2025-12-05T15:13:10","date_gmt":"2025-12-05T18:13:10","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10625"},"modified":"2025-12-05T15:13:12","modified_gmt":"2025-12-05T18:13:12","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c12%ec%9b%94-05%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10625","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(12\uc6d4 05\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \ub2e4\uc2dc \uc2dc\uc7a5\uc73c\ub85c \ubcf5\uadc0: 1\uc6d4 \ub9cc\uae30 \uc0c1\ud658\uc744 \uc704\ud574 \ub2ec\ub7ec \ud45c\uc2dc \uad6d\ucc44 \ubc1c\ud589 \uc608\uc815
    \uac70\uc758 8\ub144 \ub9cc\uc758 \ubd80\uc7ac \uc774\ud6c4, \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \ub2e4\uc74c \uc8fc \uacf5\uc2dd\uc801\uc73c\ub85c \uad6d\uc81c \ucc44\uad8c \uc2dc\uc7a5\uc5d0 \ubcf5\uadc0\ud55c\ub2e4. \uc7ac\ubb34\uccad\uc740 12\uc6d4 10\uc77c(\uc218\uc694\uc77c) \ub2ec\ub7ec \ud45c\uc2dc\uc758 \uc0c8\ub85c\uc6b4 \uad6d\ucc44 \uc785\ucc30\uc744 \uc2e4\uc2dc\ud560 \uac83\uc774\ub77c\uace0 \ud655\uc778\ud588\ub2e4.
    \uc774 \uc870\uce58\ub294 1\uc6d4\uc5d0 \ub9cc\uae30\uac00 \ub3c4\ub798\ud558\ub294 42\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc758 \ucc44\ubb34 \uc0c1\ud658\uc5d0 \ud544\uc694\ud55c \uc678\ud654\ub97c \ud655\ubcf4\ud558\uae30 \uc704\ud55c \ud575\uc2ec \ub2e8\uacc4\ub2e4.
    \ubc1c\ud589\ub420 \ucc44\uad8c\uc740 \ub9cc\uae30 \uc57d 4\ub144(2029\ub144 11\uc6d4 30\uc77c \ub9cc\uae30)\uc73c\ub85c, \uc804\uc561 \ub9cc\uae30\uc77c\uc5d0 \uc0c1\ud658\ub418\uba70 \uc5f0 6.5%\uc758 \uc774\uc790\uc728\uc744 \uc801\uc6a9, \ubc18\uae30\ub9c8\ub2e4(6\uac1c\uc6d4\ub9c8\ub2e4) \uc774\uc790\ub97c \uc9c0\uae09\ud55c\ub2e4.
    \uad6d\uac00\uac00 \uc2e4\uc81c\ub85c \ubd80\ub2f4\ud558\uac8c \ub420 \uc720\ud6a8\uae08\ub9ac\ub294 \uc785\ucc30 \uacb0\uacfc\uc5d0 \ub530\ub77c \uacb0\uc815\ub418\ub294 \ucc44\uad8c \ubc1c\ud589\uac00\uc5d0 \ub2ec\ub824 \uc788\ub2e4.
    \ucc44\uad8c\uc758 \ub0a9\uc785(\uc989, \uc2e4\uc81c \ucc44\uad8c\uc758 \uc778\ub3c4 \ubc0f \uc678\ud654 \uc720\uc785)\uc740 12\uc6d4 12\uc77c(\uae08\uc694\uc77c) \uc5d0 \uc644\ub8cc\ub420 \uc608\uc815\uc774\ub2e4.
    \uacbd\uc81c\ubd80\ub294 \uc774\ubc88 \uacb0\uc815\uc774 \u201c\uc120\uac70 \uacb0\uacfc\uc640 \uacbd\uc81c \ud504\ub85c\uadf8\ub7a8\uc758 \uc5f0\uc18d\uc131\uc5d0 \ub530\ub978 \ub2ec\ub7ec \ud45c\uc2dc \uad6d\ucc44 \uae08\ub9ac\uc758 \uac15\ud55c \ud558\ub77d\u201d \ud658\uacbd \uc18d\uc5d0\uc11c \ub0b4\ub824\uc9c4 \uac83\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4.
    \uc7ac\ubb34\uccad\uc740 \uc774\ubc88 \ubc1c\ud589\uc744 \ud1b5\ud574 \uc911\uc559\uc740\ud589(BCRA)\uc758 \uc678\ud658\ubcf4\uc720\uc561\uc744 \uc0ac\uc6a9\ud558\uc9c0 \uc54a\uace0, \uc678\ud654 \ud45c\uc2dc \uc758\ubb34\ub97c \uc7ac\uc870\uc815\ud558\ub824\ub294 \ubaa9\uc801\uc744 \uac00\uc9c0\uace0 \uc788\ub2e4.
    \ucd5c\uadfc \uba70\uce60\uac04 \uc911\uc559\uc740\ud589\uc758 \uc21c\ubcf4\uc720\uc561\uc774 \ub2e4\uc2dc \ub9c8\uc774\ub108\uc2a4\ub85c \uc804\ud658\ub41c \uc0c1\ud669\uc5d0\uc11c, \uc774\ub294 \uc911\uc694\ud55c \uc870\uce58\ub85c \ud3c9\uac00\ub41c\ub2e4.
    \uacbd\uc81c\ubd80\ub294 \uc774\ubc88 \ubc1c\ud589\uc774 \u201c\ubcf4\ub2e4 \uc9c0\uc18d \uac00\ub2a5\ud55c \uae08\uc735\ube44\uc6a9 \uad6c\uc870\u201d\ub97c \ubc14\ud0d5\uc73c\ub85c, \ub2ec\ub7ec \ud45c\uc2dc \ucc44\ubb34\uc758 \ub9cc\uae30\ub97c \ucc28\ud658(rollover) \ud558\uba74\uc11c\ub3c4 \uc911\uc559\uc740\ud589\uc758 \ub300\ucc28\ub300\uc870\ud45c \ud68c\ubcf5 \uacfc\uc815\uc5d0 \uc9c0\uc7a5\uc744 \uc8fc\uc9c0 \uc54a\uc73c\ub824\ub294 \uc804\ub7b5\uc801 \uc6c0\uc9c1\uc784\uc758 \uc2dc\uc791\uc774\ub77c\uace0 \uac15\uc870\ud588\ub2e4.
    \ubaa9\ud45c\ub294 \uc678\ud654 \ub9e4\uc785\uc774 \uc21c\ubcf4\uc720\uc561 \uc99d\uac00\ub85c \uc774\uc5b4\uc9c0\ub3c4\ub85d \ud558\ub294 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  2. \uc815\ubd80\uc758 \ubd80\ucc44 \uc0c1\ud658 \uc2e0\ud638 \uc774\ud6c4 \uc2dc\uc7a5 \ud6c4\ud1f4
    S&P Merval \uc9c0\uc218\ub294 \ubaa9\uc694\uc77c \uac70\ub798\uc5d0\uc11c \ud558\ub77d\ud588\uc9c0\ub9cc, \ub2ec\ub7ec \uae30\uc900 2,000\ud3ec\uc778\ud2b8 \uc774\uc0c1 \uc218\uc900\uc744 \uc720\uc9c0\ud588\ub2e4.
    \uc8fc\uc2dd \uc2dc\uc7a5\uc740 \ud398\uc18c \uae30\uc900 1.1%, \ub2ec\ub7ec \uae30\uc900 0.2% \ud558\ub77d\ud558\uba70 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\ub2e4.
    \uc774\ub7ec\ud55c \uc6c0\uc9c1\uc784\uc740 \ub8e8\uc774\uc2a4 \uce74\ud478\ud1a0 \uacbd\uc81c\uc7a5\uad00\uc774 1\uc6d4 \ubd80\ucc44 \uc0c1\ud658 \ub300\uc548\uc744 \ub458\ub7ec\uc2f8\uace0 \ub0b4\ub193\uc740 \ubc1c\uc5b8\uc758 \uc601\ud5a5\uc744 \ubc1b\uc558\ub2e4.
    \ub274\uc695\uc5d0\uc11c\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 ADR\ub4e4\uc774 \ucd5c\ub300 4.1% \ud558\ub77d, \ub9e4\ub3c4 \uc555\ub825\uc744 \ubcf4\uc600\ub2e4.
    \ucc44\uad8c \ubd80\ubb38\uc5d0\uc11c\ub3c4 \ub2ec\ub7ec \ud45c\uc2dc \ucc44\uad8c\ub4e4\uc774 \ub300\ubd80\ubd84 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\uc73c\uba70, \ud574\uc678\ubc95\uc5d0 \ub530\ub77c \ubc1c\ud589\ub41c \u2018\uae00\ub85c\ubc8c(Globales)\u2019 \ucc44\uad8c\uc740 \ucd5c\ub300 0.7%,
    \uad6d\ub0b4\ubc95 \uae30\ubc18\uc758 \u2018\ubcf4\ub098\ub808\uc2a4(Bonares)\u2019 \ub294 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\ub2e4.
    \uce74\ud478\ud1a0 \uc7a5\uad00\uc740 \uc218\uc694\uc77c, \uc5ec\ub7ec \uae08\uc735\uae30\uad00\ub4e4\uc774 60\uc5b5~70\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c)\ub97c \uc81c\uc548\ud588\ub2e4\uace0 \ubc1d\ud614\ub2e4.
    \uc815\ubd80\ub294 \uad6d\uc81c \uc2e0\uc6a9\uc2dc\uc7a5 \uc870\uae30 \ubcf5\uadc0 \uac00\ub2a5\uc131\uc744 \uac10\uc548\ud574, \uc774 \uac00\uc6b4\ub370 \uc5b4\ub290 \ubd80\ubd84\uc744 \ud65c\uc6a9\ud560\uc9c0\ub97c \uacb0\uc815\ud560 \uc608\uc815\uc774\ub2e4.
    \ud575\uc2ec \ubcc0\uc218\ub294 \uc5ec\uc804\ud788 \uad6d\uac00\uc704\ud5d8\ub3c4\uc758 \ubcc0\ud654\ub2e4.
    \ud604\uc7ac \uc57d 636bp, \uc9c0\ub09c 2\ub144 \uc911 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.<\/li>\n\n\n\n
  3. \uacf5\uc2dd \ud658\uc728 \uc644\ud654\uc640 \ud658\uc728 \uc548\uc815 \uc9c0\uc18d
    \uacf5\uc2dd \ub2ec\ub7ec \ud658\uc728\uc740 \uc804\ub0a0 \uc18c\ud3ed \ud558\ub77d\ud558\uba70 \uc5f0\ub9d0 \ud658\uc728 \uc548\uc815\uc744 \uc774\uc5b4\uac14\ub2e4.
    \ub3c4\ub9e4\uc2dc\uc7a5 \ud658\uc728\uc740 1,444\ud398\uc18c\ub85c \ub9c8\uac10\ud588\uc73c\uba70, \uc911\uc559\uc740\ud589\uc774 \uc124\uc815\ud55c \uc0c1\ub2e8 \ubc34\ub4dc(1,513\ud398\uc18c) \uc5d0\uc11c \uc57d 4.5% \uc544\ub798 \uc218\uc900\uc5d0 \uba38\ubb3c\ub800\ub2e4.
    \ubc18\uba74, \uae08\uc735\uc2dc\uc7a5 \ub2ec\ub7ec\ub4e4\uc740 \uc18c\ud3ed \uc0c1\uc2b9\ud588\ub2e4.
    CCL \ud658\uc728\uc740 1,511\ud398\uc18c, MEP \ud658\uc728\uc740 1,470\ud398\uc18c \ub85c \ub9c8\uac10\ud588\ub2e4.
    \ub530\ub77c\uc11c \ud658\uc728 \uac04\uc758 \uaca9\ucc28\ub294 \uac01\uac01 4.64%\uc640 1.80% \uc218\uc900\uc744 \uae30\ub85d\ud588\ub2e4.
    \uc120\ubb3c\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc804\ubc18\uc801\uc778 \ud558\ub77d\uc138\uac00 \ub098\ud0c0\ub0ac\uace0,
    \uc5f0\ub9d0 \uc778\ub3c4 \uacc4\uc57d\uc740 1,460.5\ud398\uc18c \uc218\uc900\uc758 \ub3c4\ub9e4 \ud658\uc728\uc744 \uc608\uc0c1\ud558\uba70, \uc774\ub294 \u201c\ub2e8\uae30 \uae09\ub4f1 \uac00\ub2a5\uc131\uc774 \uc81c\ud55c\ub41c \uc548\uc815\uc801 \uc804\ub9dd\u201d\uc744 \ubc18\uc601\ud55c\ub2e4.
    \uc774\uc640\uad00\ub828 \uc778\ud3ec\ubc14\uc5d0(Infobae)\uc9c0\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubd84\uc11d\ud588\ub2e4.
    \u201c\ud658\uc728 \uc548\uc815\uc740 \uc5f0\ub9d0 \ud398\uc18c \uc218\uc694\uc640 \uc678\ud658\ubcf4\uc720\uc561 \ucd94\uc774\ub97c \uc2dc\uc7a5\uc774 \uba74\ubc00\ud788 \ubaa8\ub2c8\ud130\ub9c1\ud558\ub294 \uac00\uc6b4\ub370,
    \uc7ac\uc815 \uc2e0\ud638 \ubc0f \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uad6d\uc81c\uae08\uc735\uc2dc\uc7a5 \ubcf5\uadc0 \uae30\ub300\uac00 \ub9de\ubb3c\ub9b0 \uc0c1\ud669\uc5d0\uc11c \ub098\ud0c0\ub098\uace0 \uc788\ub2e4.\u201d<\/li>\n\n\n\n
  4. \ub2ec\ub7ec \uc608\uae08 \uc0ac\uc0c1 \ucd5c\ub300\uce58 \ub3c4\ub2ec
    \uc678\ud654 \uc608\uae08\uc774 \ub2e4\uc2dc \uc99d\uac00\ud574 366\uc5b5 3,300\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5c8\ub2e4.
    \uace0\uc815\ud658\uc728\uc81c \uc885\ub8cc \uc774\ud6c4 \uc5ed\ub300 \ucd5c\uace0 \uc218\uc900\uc744 \uae30\ub85d\ud588\ub2e4.
    \uc774 \uc99d\uac00\ub294 \ud398\uc18c \uc608\uae08\uc758 \uc9c0\uc18d\uc801 \uc57d\uc138\uc640 \ubcd1\ud589\ub418\uc5b4 \ub098\ud0c0\ub0ac\ub2e4.
    \uc774\ubc88 \uc8fc \uc911\uc559\uc740\ud589\uc774 Bopreal 2026 1\ucc28 \ubd84\uae30 \uc0c1\ud658\ubd84\uc73c\ub85c 10\uc5b5 1,250\ub9cc \ub2ec\ub7ec\ub97c \uc9c0\uae09\ud588\uc74c\uc5d0\ub3c4
    \ucd1d\uc678\ud658\ubcf4\uc720\uc561\uc740 418\uc5b5 8,800\ub9cc \ub2ec\ub7ec\ub85c \uc720\uc9c0\ub418\uc5b4 \uc21c\uac10\uc18c\ub294 \uc5c6\uc5c8\ub2e4.
    10\uc6d4\uc5d0\ub3c4 \ub2ec\ub7ec \uc608\uae08\uc740 \uc774\ubbf8 \uc57d 12\uc5b5 \ub2ec\ub7ec \uc99d\uac00\ud588\uc73c\uba70, \uc774\ubc88 \uc0c1\uc2b9\uc138\ub294 \uc804\ud1b5\uc801\uc778 \uc120\uac70 \uc804 \u2018\ub2ec\ub7ec\ud654\u2019 \ud750\ub984\uc758 \uc77c\ud658\uc774\uc9c0\ub9cc, \uc774\ubc88\uc5d0\ub294 \uc790\uae08\uc774 \uc2dc\uc2a4\ud15c \ub0b4\uc5d0 \uc794\ub958\ud558\ub294 \ud615\ud0dc\ub85c, \uacfc\uac70\uc640\ub294 \ub2e4\ub978 \uc591\uc0c1\uc744 \ubcf4\uc600\ub2e4.
    \ubd84\uc11d\uac00\ub4e4\uc740 \uad00\uad11 \ubc0f \uc11c\ube44\uc2a4 \uad00\ub828 \ub2ec\ub7ec \uc9c0\ucd9c\uc758 \uc99d\uac00\uac00, \uc774 \uc608\uae08 \uc99d\uac00\uc138\uc5d0 \uc555\ub825\uc744 \ub354\ud558\uace0 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.
    \ud55c\ud3b8, \uae30\uc5c5 \ubd80\ubb38\uc740 \uad6d\uc81c \uc2dc\uc7a5\uc758 \uc0c1\ud669\uc744 \uacc4\uc18d \ud65c\uc6a9\ud558\uba70, 11\uc6d4\uc5d0\ub9cc 36\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc758 \ucc44\uad8c\uc744 \ud574\uc678\uc5d0\uc11c \ubc1c\ud589\ud588\ub2e4.
    \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc2dc\ub3c4 6\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ubc1c\ud589\uc73c\ub85c \ucc38\uc5ec\ud588\uc73c\uba70,
    \uc5ec\ub7ec \uc8fc\uc815\ubd80\ub4e4\ub3c4 \ud5a5\ud6c4 \uba87 \uc8fc \ub0b4\uc5d0 \uc0c8\ub85c\uc6b4 \ubc1c\ud589\uc744 \uc900\ube44 \uc911\uc774\ub2e4.<\/li>\n\n\n\n
  5. \uae08\ub9ac \uc778\ud558\ub85c \uc778\ud574 12\uc6d4 \uace0\uc815\uae08\ub9ac \uc608\uae08\uc774 \uc5ec\uc804\ud788 \ub9e4\ub825\uc801\uc778\uac00?\u2019 \ud558\ub294 \ub17c\uc758\uac00 \ub2e4\uc2dc \ubd88\ubd99\uace0 \uc788\ub2e4.
    \uc62c\ud574 \ub9c8\uc9c0\ub9c9 \ub2ec\uc758 \uc2dc\uc791\uc740 \uc815\uae30\uc608\uae08\uc774 \ub2e4\uc2dc \uc8fc\ubaa9\ubc1b\ub294 \uc0c1\ud669\uc5d0\uc11c \ub9de\uc774\ud588\ub2e4.
    \uba87 \uc8fc\uac04\uc758 \uae08\ub9ac \uc778\ud558 \uc774\ud6c4, 30\uc77c \ub9cc\uae30 \uc608\uae08\uc758 \uc5f0\uac04 \uba85\ubaa9\uae08\ub9ac(TNA)\ub294 21%~26.5% \ubc94\uc704\ub85c \uc548\uc815\ub418\uc5c8\ub294\ub370, \uc774\ub294 \uba87 \ub2ec \uc804 \uc218\uc900\ubcf4\ub2e4 \ud6e8\uc52c \ub0ae\uace0, \ub9ce\uc740 \uacbd\uc6b0 \ud604\uc7ac \uc778\ud50c\ub808\uc774\uc158\uc728\ubcf4\ub2e4\ub3c4 \ubc11\ub3c8\ub2e4.
    10\uc6d4 \uc120\uac70 \uc804 \ubd84\uc704\uae30\uc640\uc758 \ub300\uc870\ub294 \ub69c\ub837\ud558\ub2e4. \uadf8 \ub2f9\uc2dc \uc77c\ubd80 \uae08\uc735\uae30\uad00\ub4e4\uc740 \uc608\uae08 \uc720\uce58\ub97c \uc704\ud574 \ucd5c\ub300 50%\uc758 \uc218\uc775\ub960\uc744 \uc81c\uc2dc\ud588\uc5c8\ub2e4.
    \uac00\uc0c1\uc9c0\uac11(virtual wallets)\uc774\ub098 \uc911\uc18c\ud615 \ub514\uc9c0\ud138\uc740\ud589\ub4e4\uc774 \uc720\ub3d9\uc131\uc744 \ud655\ubcf4\ud558\uae30 \uc704\ud574 \ub354 \ub9e4\ub825\uc801\uc778 \uc81c\uc548\uc744 \ub0b4\ub193\uc73c\uba74\uc11c \uae08\ub9ac \uaca9\ucc28\ub294 \ub354 \ud655\ub300\ub418\uc5c8\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uae08\ub9ac \uc778\ud558\uc758 \uc6d0\uc778\uc744 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc548\uc815) \uacfc\uc815\uc758 \uc9c0\uc18d\uacfc, \ub192\uc740 \uae08\ub9ac\ub85c \ube44\ud65c\uc131\ud654\ub41c \ud398\uc18c\ub97c \uc720\uc9c0\ud558\ub294 \uac83\uc744 \uaebc\ub9ac\ub294 \ud1b5\ud654\uc815\ucc45 \uad6c\uc870 \ub54c\ubb38\uc774\ub77c\uace0 \ubcf8\ub2e4.
    \uadf8\ub7ec\ub098 \uc774\ub7f0 \ud750\ub984\uc740 \uc624\ub798\ub41c \uace0\uc804\uc801 \uc6b0\ub824\ub97c \ub418\uc0b4\ub9b0\ub2e4: \uc720\uc778\uc774 \uc904\uc5b4\ub4e0\ub2e4\uba74 \ud658\uc728 \uc548\uc815\uc774 \uc720\uc9c0\ub420 \uc218 \uc788\uc744\uae4c?
    \ubcf4\ub108\uc2a4\uc640 \ud734\uac00\ucca0\ub85c \uc778\ud574 12\uc6d4\uc5d0\ub294 \ub3c8\uc5d0 \ub300\ud55c \uc218\uc694\uac00 \ub298\uc5b4\ub098\uae30 \ub54c\ubb38\uc5d0, \uc77c\ubd80 \uc800\ucd95\uc774 \ub2e4\uc2dc \ub2ec\ub7ec\ub85c \uc774\ub3d9\ud560 \uc218 \uc788\ub2e4\ub294 \uc6b0\ub824\uac00 \ucee4\uc9c0\uace0 \uc788\ub2e4.
    \uc9c0\uae08\uc73c\ub85c\uc11c\ub294 \uc911\uc559\uc740\ud589\uc774 \uc124\uc815\ud55c \ud658\uc728 \ubc34\ub4dc \ub0b4\uc758 \ud658\uc728 \uc548\uc815\uc774 \uc5ec\uc804\ud788 \ud575\uc2ec \uae30\uc900\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\ub2e4.
    \ud558\uc9c0\ub9cc \uc804\ubb38\uac00\ub4e4\uc740 \uacbd\uace0\ud55c\ub2e4.
    \ub0ae\uc740 \uae08\ub9ac \uc0c1\ud669\uc5d0\uc11c \uae30\ub300, \uc678\ud658\ubcf4\uc720\uace0, \ub610\ub294 \ub2ec\ub7ec \uacf5\uae09\uacfc \uad00\ub828\ub41c \uc5b4\ub5a4 \ubd88\uc548\ud55c \uc2e0\ud638\ub77c\ub3c4 \ub2ec\ub7ec\ud654 \uc804\ud658\uc744 \ub2e4\uc2dc \ucd09\ubc1c\ud560 \uc218 \uc788\ub2e4\uace0 \ubcf4\uace0\uc788\ub2e4.
    Clarin\uc774 \ubcf4\ub3c4\ud55c \ub0b4\uc6a9\uc5d0 \ub530\ub974\uba74:
    \u201c\uc2e4\uc81c\ub85c\ub294, \ud604\uc9c0 \ud1b5\ud654\ub85c \uc790\uc0b0\uc744 \uc720\uc9c0\ud558\ub294 \uc0ac\ub78c\ub4e4\uc740 \uad6c\ub9e4\ub825\uc744 \uc783\uace0 \uc788\uc73c\uba70, \uacf5\uc2dd \ud658\uc728\uc774 \uc6c0\uc9c1\uc774\ub294 \uc18d\ub3c4\uc5d0 \ub530\ub77c \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c \uc190\uc2e4\uc744 \ubcfc \uc218\ub3c4 \uc788\ub2e4.\u201d
    \uc774 \ud604\uc0c1\uc740 12\uc6d4\uc758 \uacc4\uc808\uc801 \uc694\uc778\uacfc \ubcf4\ub108\uc2a4 \ubc0f \ud734\uac00\ube44 \uc9c0\ucd9c\ub85c \uc778\ud55c \uc678\ud654 \uc218\uc694 \uae09\uc99d\uc774 \ub9de\ubb3c\ub824 \ub098\ud0c0\ub09c\ub2e4.<\/li>\n\n\n\n
  6. IMF\ub294 \uc678\ud658\ubcf4\uc720\uace0 \ubaa9\ud45c \ub2ec\uc131\uc774 \u2018\ud558\ub098\uc758 \ub3c4\uc804\u2019\uc774 \ub420 \uac83\u201d\uc774\ub77c\uace0 \uacbd\uace0
    IMF \ub300\ubcc0\uc778 \uc904\ub9ac \ucf54\uc7ad(Julie Kozack)\uc740 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \uc678\ud658\ubcf4\uc720\uace0 \ucd95\uc801\uc744 \uac00\uc18d\ud560 \uc218 \uc788\ub294 \ud1b5\ud654 \ubc0f \ud658\uc728 \uc815\ucc45\uc744 \ucc44\ud0dd\ud574\uc57c \ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4.
    \uadf8\ub140\ub294 \u201c\ud604\uc7ac\uc758 \uc678\ud658\ubcf4\uc720 \uc218\uc900\uc740 \ud5a5\ud6c4 \ucda9\uaca9\uc5d0 \ub300\ube44\ud558\uae30\uc5d0 \ubd88\ucda9\ubd84\ud558\ub2e4\u201d\uace0 \uacbd\uace0\ud588\ub2e4.
    \ucf54\uc7ad\uc740 \uc5f0\ub9d0\uae4c\uc9c0\uc758 \uc678\ud658\ubcf4\uc720 \ubaa9\ud45c \ub2ec\uc131\uc774 \u201c\ub3c4\uc804\uc774 \ub420 \uac83\u201d\uc774\ub77c\uace0 \uc778\uc815\ud558\uba74\uc11c\ub3c4, \uc815\ubd80\uac00 \uc7ac\uc815 \ubc0f \ud1b5\ud654 \uc57d\uc18d\uc744 \uc774\ud589\ud558\uace0 \uc788\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4.
    \uadf8\ub140\ub294 \u201c\uc678\ud658\ubcf4\uc720\uace0 \uc7ac\uad6c\ucd95\uc744 \uc704\ud574 \ub2f9\uad6d\uc774 \u2018\uc9d1\uc911\uc801\uc778 \ub178\ub825\u2019\uc744 \uae30\uc6b8\uc774\ub294 \uac83\uc774 \ud544\uc218\uc801\u201d\uc774\ub77c\uace0 \uac15\uc870\ud588\ub2e4.
    IMF\ub294 \ub354 \ub192\uc740 \uc678\ud658\ubcf4\uc720\uace0 \uc218\uc900\uc774 \uac70\uc2dc\uacbd\uc81c \uc548\uc815\uc131\uacfc \ub300\uc678 \ucda9\uaca9 \ub300\uc751 \ub2a5\ub825\uc744 \ub192\uc778\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.
    \ub610\ud55c IMF\ub294 \uac15\ub825\ud558\uace0 \uc77c\uad00\ub41c \ud1b5\ud654\u00b7\ud658\uc728 \uc815\ucc45 \ud504\ub808\uc784\uc6cc\ud06c\ub97c \uad6c\ucd95\ud560 \uac83\uc744 \uc815\ubd80\uc5d0 \uad8c\uace0\ud588\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.
    IMF\uac00 \uc0ac\uc6a9\ud558\ub294 \uc9c0\ud45c\uc5d0 \ub530\ub974\uba74, \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \ud604\uc7ac \uc801\uc815 \uc218\uc900\uc758 \uc808\ubc18 \uc815\ub3c4\uc758 \uc678\ud658\ubcf4\uc720\uace0\ub9cc \ubcf4\uc720\ud558\uace0 \uc788\ub2e4.
    \uc804\ubb38\uac00\ub4e4\uc740 \uc774\ub7ec\ud55c \ucde8\uc57d\uc131\uc774 \uad6d\uac00\uc704\ud5d8\ub3c4 \ud504\ub9ac\ubbf8\uc5c4\uc774 \uc5ec\uc804\ud788 \ub192\uc740 \uc774\uc720 \uc911 \ud558\ub098\ub77c\uace0 \ubcf8\ub2e4.
    \ud3ec\ube0c\uc2a4(Forbes)\uc758 \ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74:
    \u201c\uc5f0\ub9d0\uc744 \ub9de\uc740 \uc911\uc559\uc740\ud589\uc740 \ub2ec\ub7ec \uc0c1\ud658 \uc77c\uc815\uc5d0 \ubb36\uc5ec \uc788\uace0, \uc678\ud658 \ucd95\uc801 \ub2a5\ub825\uc740 \uc0ac\uc2e4\uc0c1 \uace0\uac08\ub41c \uc0c1\ud0dc\ub2e4.
    \uc801\uc790 \uc0c1\ud669\uc5d0\uc11c \ub2e8\uae30\uac04 \ub0b4 \ud68c\ubcf5 \uc5ec\uc9c0\uac00 \uac70\uc758 \uc5c6\uc73c\uba70, 2025\ub144 \ub9d0\uc5d0\ub294 \uae34\uc7a5\uc774 \uc9c0\uc18d\ub418\ub294 \uc2dc\ub098\ub9ac\uc624\uc5d0 \uc9c1\uba74\ud558\uac8c \ub420 \uac83\uc774\ub2e4.
    \ub530\ub77c\uc11c \uc678\ud658\ubcf4\uc720\uace0\uc758 \uc791\uc740 \ubcc0\ub3d9\uc870\ucc28 \uacbd\uc81c\uc815\ucc45\uc758 \u2018\ub0b4\uad6c\uc131 \ud14c\uc2a4\ud2b8\u2019 \ub85c \uc791\uc6a9\ud558\uac8c \ub420 \uac83\uc774\ub2e4.\u201d<\/li>\n\n\n\n
  7. \uc0b0\ud0c0\ud398(Santa Fe) \uc8fc 8\uc5b5 \ub2ec\ub7ec\uc758 \ucc44\uad8c \ubc1c\ud589\uc5d0 \uc131\uacf5, \uc8fc\ub4e4\uc758 \uad6d\uc81c\uc2dc\uc7a5 \ubcf5\uadc0 \ud750\ub984\uc5d0 \ub3d9\ucc38\ud588\ub2e4.
    \uc0b0\ud0c0\ud398 \uc8fc\ub294 \uad6d\uc81c\uc2dc\uc7a5\uc5d0\uc11c 8\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ucc44\uad8c \ubc1c\ud589\uc5d0 \uc131\uacf5\ud588\ub2e4.
    \ub9cc\uae30\ub294 9\ub144\uc774\uba70, \uc5f0\uc774\uc728 8.1% \uc870\uac74\uc73c\ub85c, \uc785\ubc95\uc120\uac70 \uc774\ud6c4 \uc678\uc790 \uc870\ub2ec\uc5d0 \uc131\uacf5\ud55c \ub450 \ubc88\uc9f8 \uc9c0\ubc29\uc815\ubd80\uac00 \ub418\uc5c8\ub2e4.
    \uba70\uce60 \uc804\uc5d0\ub294 \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc2dc\ub3c4 \uc790\uccb4 \ubc1c\ud589\uc73c\ub85c \uc2dc\uc7a5\uc744 \ub2e4\uc2dc \uc5f4\uc5c8\ub2e4.
    \uc0b0\ud0c0\ud398 \uc815\ubd80\uc5d0 \ub530\ub974\uba74 \uc774\ubc88 \uc785\ucc30\uc740 \uac15\ud55c \uad00\uc2ec\uc744 \ub04c\uc5c8\uc73c\uba70, 111\uba85\uc758 \ub300\ud615 \uad6d\uc81c \ud22c\uc790\uc790\uc640 1,200\uba85 \uc774\uc0c1\uc758 \uc18c\uc561 \ud22c\uc790\uc790\ub4e4\ub85c\ubd80\ud130 18\uc5b5 \ub2ec\ub7ec\uc758 \uc81c\uc548\uc744 \ubc1b\uc558\ub2e4.
    \ub192\uc740 \uc218\uc694 \ub355\ubd84\uc5d0 \uc815\ubd80\ub294 \uc77c\ubd80 \uace0\uae08\ub9ac \uc81c\uc548\uc744 \uc81c\uc678\ud558\uace0 \ubcf4\ub2e4 \uc720\ub9ac\ud55c \uc870\uac74\uc73c\ub85c \uc790\uae08 \uc870\ub2ec\uc5d0 \uc131\uacf5\ud588\ub2e4.
    \ub610\ud55c, \uad6d\ub0b4 \ud22c\uc790\uc790 800\uc5ec \uba85\uc774 3\uc5b55\ucc9c\ub9cc \ub2ec\ub7ec\ub97c \uc81c\uc2dc, \uc9c0\uc5ed \uae08\uc735\uae30\uad00\uacfc \uac1c\uc778 \ud22c\uc790\uc790\ub4e4\uc758 \ucc38\uc5ec\ub3c4 \ud65c\ubc1c\ud588\ub2e4.
    \uc120\uac70 \uc774\ud6c4 \uad6d\uac00 \ub9ac\uc2a4\ud06c \ud504\ub9ac\ubbf8\uc5c4\uc740 1,081bp\uc5d0\uc11c 634bp\ub85c \ud558\ub77d\ud588\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":10626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-10625","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\/10625","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=10625"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10625\/revisions"}],"predecessor-version":[{"id":10627,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10625\/revisions\/10627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/10626"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}