{"id":13724,"date":"2026-07-24T15:10:59","date_gmt":"2026-07-24T18:10:59","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=13724"},"modified":"2026-07-24T15:11:00","modified_gmt":"2026-07-24T18:11:00","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-24%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=13724","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 24\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc911\ub3d9 \uae34\uc7a5 \ubbf8\uad6d \uae08\ub9ac \uc0c1\uc2b9\u2026\uc2e0\ud765\uad6d \ubd80\ucc44\uc5d0 \uc555\ubc15
    \uc911\ub3d9\uc5d0\uc11c\uc758 \uad70\uc0ac\uc801 \uae34\uc7a5\uc774 \uace0\uc870\ub418\uba74\uc11c \ud64d\ud574\uc5d0\uc11c \uc0c1\uc120\uc744 \ub300\uc0c1\uc73c\ub85c \ud55c \uc0c8\ub85c\uc6b4 \uacf5\uaca9\uc774 \ubc1c\uc0dd\ud588\uace0, \uc774\uc5d0 \ub530\ub77c \ube0c\ub80c\ud2b8\uc720 \uac00\uaca9\uc774 \uc0c1\uc2b9\ud588\ub2e4.
    \uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc740 \uc138\uacc4 \uc8fc\uc694 \uacbd\uc81c\uad8c\uc5d0\uc11c \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub97c \ub2e4\uc2dc \ud0a4\uc6e0\ub2e4. \uc774\ub7ec\ud55c \uc0c1\ud669 \uc18d\uc5d0\uc11c \ubbf8\uad6d \uad6d\ucc44 \uc218\uc775\ub960\uc740 \uc62c\ud574 \ucd5c\uace0 \uc218\uc900\uae4c\uc9c0 \uc62c\ub790\ub2e4.
    *2\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac: 4.36%
    *10\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac: \uc57d 4.7%
    *30\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac: 2007\ub144 \uc774\ud6c4 \ucd5c\uace0 \uc218\uc900 \uadfc\uc811
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \ub192\uc740 \uae08\ub9ac\ub97c \ub354 \uc624\ub7ab\ub3d9\uc548 \uc720\uc9c0\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\uc744 \uc218\uc815\ud588\ub2e4. \uc774\ub294 \uc704\ud5d8\uc790\uc0b0\uc5d0 \ub300\ud55c \ud22c\uc790 \uc2ec\ub9ac\ub97c \uc704\ucd95\uc2dc\ud0a4\uace0 \uc2e0\ud765\uad6d\uc758 \uad6d\uac00\uc704\ud5d8\ub3c4\ub97c \ub192\uc774\ub294 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud55c\ub2e4.
    \ub2e4\ub9cc \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\ucc44\ub294 \uc911\uc559\uc740\ud589(BCRA)\uc758 \uc9c0\uc18d\uc801\uc778 \uc678\ud658 \ub9e4\uc785 \ub355\ubd84\uc5d0 \uc774\ub7ec\ud55c \uc678\ubd80 \ucda9\uaca9\uc744 \uc5b4\ub290 \uc815\ub3c4 \uc644\ud654\ud558\uace0 \uc788\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4.<\/li>\n\n\n\n
  2. \ubbf8\uad6d, \uc0c8\ub85c\uc6b4 \uae00\ub85c\ubc8c \uad00\uc138 \ubd80\uacfc\ub85c \ubb34\uc5ed\uc804\uc7c1 \uc7ac\uc810\ud654
    \ubbf8\uad6d\uc740 \uc544\ub974\ud5e8\ud2f0\ub098\ub97c \ud3ec\ud568\ud55c 60\uac1c \ubb34\uc5ed \uc0c1\ub300\uad6d\uc5d0 \ub300\ud574 10~12.5%\uc758 \uc0c8\ub85c\uc6b4 \uad00\uc138\ub97c \uc801\uc6a9\ud558\uae30 \uc2dc\uc791\ud588\ub2e4.
    \uc774\ubc88 \uc870\uce58\ub294 \ubbf8\uad6d \uc218\uc785\ud488\uc758 99.4%\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce5c\ub2e4.
    \ubbf8 \ubb34\uc5ed\ub300\ud45c\ubd80(USTR)\uc758 \uc81c\uc774\ubbf8\uc2a8 \uadf8\ub9ac\uc5b4 \ub300\ud45c\ub294 \uae30\uc874\uc758 \uc784\uc2dc \ucd94\uac00\uad00\uc138\uac00 \ubc95\uc815 \uae30\ud55c\uc778 150\uc77c\uc744 \ub118\uae30\uba74\uc11c \uc885\ub8cc\ub428\uc5d0 \ub530\ub77c, \uc774\ubc88\uc5d0\ub294 1974\ub144 \ubb34\uc5ed\ubc95 \uc81c301\uc870\ub97c \uadfc\uac70\ub85c \uc0c8\ub85c\uc6b4 \uad00\uc138\ub97c \uc2dc\ud589\ud588\ub2e4\uace0 \ubc1d\ud614\ub2e4.
    \ubbf8\uad6d \uc815\ubd80\ub294 \ub300\uc0c1 \uad6d\uac00\ub4e4\uc774 \uac15\uc81c\ub178\ub3d9 \ubb38\uc81c\ub97c \ucda9\ubd84\ud788 \ud574\uacb0\ud558\uc9c0 \ubabb\ud558\uace0 \uc788\uc73c\uba70, \uc911\uad6d\uc0b0 \uc81c\ud488\uc758 \uc6b0\ud68c \uc218\ucd9c\ub3c4 \ub9c9\uaca0\ub2e4\ub294 \uc785\uc7a5\uc774\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \ucd5c\uc800 \uad00\uc138\uc728\uc778 10%\uac00 \uc801\uc6a9\ub418\uba70, \ubbf8\uad6d\uc740 \uac01\uad6d\uc774 \uc790\uad6d\uacfc \uc720\uc0ac\ud55c \uac10\ub3c5\u00b7\uaddc\uc81c \uccb4\uacc4\ub97c \ub3c4\uc785\ud558\ub3c4\ub85d \uc555\ubc15\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  3. \uc138\uacc4 \uc815\uc138 \ubd88\uc548, \ub2ec\ub7ec \uac15\uc138 \uc9c0\uc18d
    \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5\uc758 \uc704\ud5d8\ud68c\ud53c \uc2ec\ub9ac\uac00 \uac15\ud574\uc9c0\uba74\uc11c \ub2ec\ub7ec\ub294 \ud55c \uc8fc \ub3d9\uc548 \uc0c1\uc2b9\uc138\ub97c \uc774\uc5b4\uac14\ub2e4.
    \ubbf8\uad6d\uacfc \uc774\ub780 \uac04 \uac08\ub4f1 \ubc0f \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uc758 \uc0c8\ub85c\uc6b4 \uad00\uc138 \uc815\ucc45\uc774 \uc544\ub974\ud5e8\ud2f0\ub098 \uc678\ud658\uc2dc\uc7a5\uc5d0\ub3c4 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub2e4.
    *\ub3c4\ub9e4\ud658\uc728: 1,489\ud398\uc18c(\uc8fc\uac04 +0.7%)
    *Banco Naci\u00f3n \uc18c\ub9e4\ud658\uc728: 1,510\ud398\uc18c
    \uacf5\uc2dd \ud658\uc728\uc740 \uc5ec\uc804\ud788 \uc5f0\uac04 \ub204\uc801 \uc778\ud50c\ub808\uc774\uc158\ubcf4\ub2e4 \uc0c1\uc2b9 \uc18d\ub3c4\uac00 \ub290\ub9b0 \uc0c1\ud0dc\ub2e4.
    \ud55c\ud3b8 \uc911\uc559\uc740\ud589\uc758 \ucd1d\uc678\ud658\ubcf4\uc720\uc561\uc740 3\uc5b55,200\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud558\uc5ec 486\uc5b58,400\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5c8\ub2e4. \uc774\ub294 \ubd80\ucc44 \uc0c1\ud658\uacfc \uc790\uc0b0 \uac00\uce58 \ud558\ub77d \ub54c\ubb38\uc73c\ub85c \uc124\uba85\ub410\ub2e4.
    \uadf8\ub7fc\uc5d0\ub3c4 \uc911\uc559\uc740\ud589\uc740 \ud558\ub8e8 \ub3d9\uc548 4,500\ub9cc \ub2ec\ub7ec\ub97c \uc21c\ub9e4\uc785\ud558\uba74\uc11c 133\uac70\ub798\uc77c \uc5f0\uc18d \uc21c\ub9e4\uc218 \uae30\ub85d\uc744 \uc774\uc5b4\uac14\ub2e4.<\/li>\n\n\n\n
  4. \uad6d\uc81c \uae34\uc7a5 \uace0\uc870, \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc790\uc0b0 \uc804\ubc18 \ud558\ub77d
    \ubbf8\uad6d\uacfc \uc774\ub780 \uac04 \uac08\ub4f1 \uc2ec\ud654\uc640 \ud638\ub974\ubb34\uc988 \ud574\ud611 \ubd09\uc1c4 \uac00\ub2a5\uc131\uc73c\ub85c \uad6d\uc81c \uae08\uc735\uc2dc\uc7a5\uc774 \ud06c\uac8c \ud754\ub4e4\ub838\ub2e4.
    \uc720\uac00 \uc0c1\uc2b9\uc740 \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub97c \ub192\uc600\uace0, \ubbf8\uad6d \uc5f0\uc900\uc758 \ucd94\uac00 \uae08\ub9ac\uc778\uc0c1 \uac00\ub2a5\uc131\uc744 \ud0a4\uc6b0\uba74\uc11c \uc2e0\ud765\uad6d \uc790\uc0b0\uc5d0 \ubd80\uc815\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc2dc\uc7a5\ub3c4 \uc804\ubc18\uc801\uc778 \ud558\ub77d\uc138\ub97c \ubcf4\uc600\ub2e4.
    *\ubbf8\uad6d \uc0c1\uc7a5 \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uc2dd(ADR): \ucd5c\ub300 9% \ud558\ub77d
    *\uba54\ub974\ubc1c(Merval) \uc9c0\uc218: \ub2ec\ub7ec \uae30\uc900 -3.1%, \ud398\uc18c \uae30\uc900 -1.8%
    *\uad6d\ucc44: \ub300\ubd80\ubd84 1% \uc774\uc0c1 \ud558\ub77d
    Global 2046: -1.54%
    AL35: -1.3%
    *\uad6d\uac00\uc704\ud5d8\ub3c4(Riesgo Pa\u00eds)\ub294 6.6% \uc0c1\uc2b9\ud558\uc5ec 437bp\ub97c \uae30\ub85d\ud558\uba74\uc11c \ucd5c\uadfc \ubb34\ub514\uc2a4(Moody’s)\uc758 \uc2e0\uc6a9\ub4f1\uae09 \uac1c\uc120 \ud6a8\uacfc\ub97c \uc0c1\ub2f9 \ubd80\ubd84 \uc0c1\uc1c4\ud588\ub2e4.
    \uc774\uc640\uad00\ub828 El Cronista \uae30\uc0ac\ub294 “\uac70\uc2dc\uacbd\uc81c\uac00 \uc548\uc815\ub41c\ub2e4\uba74 \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 350bp \uc218\uc900\uae4c\uc9c0 \ud558\ub77d\ud560 \uc5ec\uc9c0\uac00 \uc788\uc9c0\ub9cc, \ub0b4\ub144 \uc120\uac70\uc640 \uad00\ub828\ub41c \uc815\uce58\uc801 \uc704\ud5d8\uc774 \ucd94\uac00 \ud558\ub77d\uc744 \uc81c\ud55c\ud560 \uc218 \uc788\ub2e4”\uace0 \uc804\ub9dd\ud588\ub2e4.<\/li>\n\n\n\n
  5. \ub124\uc6b0\ucf04 \uc8fc, \uad6d\uc81c \ucc44\uad8c\uc2dc\uc7a5 \ubcf5\uadc0
    \ub124\uc6b0\ucf04 \uc8fc\ub294 \uc57d 10\ub144 \ub9cc\uc5d0 \uad6d\uc81c\uc2dc\uc7a5\uc5d0\uc11c 5\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ucc44\uad8c\uc744 \ubc1c\ud589\ud588\ub2e4.
    *\ub9cc\uae30: 2034\ub144
    *\uae08\ub9ac: \uc5f0 7.35%
    \uc774\ub294 \uc2dc\uc7a5 \uc608\uc0c1\uce58\uc600\ub358 \uc57d 8%\ubcf4\ub2e4 \ub0ae\uc740 \uae08\ub9ac\uc774\uba70, \ud22c\uc790 \uc218\uc694\ub294 \ubaa8\uc9d1 \uaddc\ubaa8\uc758 \ub450 \ubc30\uc5d0 \ub2ec\ud588\ub2e4.
    \uc774\ubc88 \ucc44\uad8c\uc740 \uacfc\uac70\uc640 \ub2ec\ub9ac \uc11d\uc720\u00b7\uac00\uc2a4 \ub85c\uc5f4\ud2f0\ub97c \ub2f4\ubcf4\ub85c \uc81c\uacf5\ud558\uc9c0 \uc54a\uc558\ub2e4.
    \uc870\ub2ec \uc790\uae08\uc740 \ub3c4\ub85c, \uc758\ub8cc, \uad50\uc721, \uc5d0\ub108\uc9c0 \uc778\ud504\ub77c \ub4f1 \ud575\uc2ec \uc0ac\uc5c5\uc5d0 \uc0ac\uc6a9\ub420 \uc608\uc815\uc774\ub2e4.<\/li>\n\n\n\n
  6. \uadf9\uc2ec\ud55c \ubcc0\ub3d9\uc131 \uc774\ud6c4 \uc6d4\uac00 \uc18c\ud3ed \ubc18\ub4f1
    \ub274\uc695 \uc99d\uc2dc\ub294 \uc7a5 \uc2dc\uc791 \uc804 \uc18c\ud3ed \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\ub2e4.
    \uc778\uacf5\uc9c0\ub2a5(AI) \ud22c\uc790\uc5d0 \ub300\ud55c \ubd88\ud655\uc2e4\uc131\uacfc \uc911\ub3d9 \ubd84\uc7c1\uc73c\ub85c \uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc740 \uc5ec\uc804\ud788 \ub192\uc9c0\ub9cc, \uc774\ub0a0\uc740 \uc720\uac00\uac00 \ub2e4\uc18c \uc548\uc815\ub418\ub294 \ubaa8\uc2b5\uc744 \ubcf4\uc600\ub2e4.
    *\ube0c\ub80c\ud2b8\uc720: \ubc30\ub7f4\ub2f9 98.14\ub2ec\ub7ec
    *WTI: \ubc30\ub7f4\ub2f9 89.90\ub2ec\ub7ec
    \ubbf8\uad6d\uc758 \uc0c8\ub85c\uc6b4 \uad00\uc138 \uc815\ucc45\uc740 \uc5ec\uc804\ud788 \uc2dc\uc7a5 \ubd80\ub2f4 \uc694\uc778\uc73c\ub85c \ub0a8\uc544 \uc788\ub2e4.
    \uc7a5 \uc2dc\uc791 \uc804 \uac70\ub798(\ud504\ub9ac\ub9c8\ucf13)\uc5d0\uc11c\ub294
    *S&P500: +0.20%
    *\ub098\uc2a4\ub2e5: +0.13%
    *\ub2e4\uc6b0\uc874\uc2a4: +0.50%\ub97c \uae30\ub85d\ud558\uba70 \ubc18\ub4f1\uc138\ub97c \ubcf4\uc600\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":13725,"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-13724","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\/13724","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=13724"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/13724\/revisions"}],"predecessor-version":[{"id":13726,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/13724\/revisions\/13726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/13725"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}