{"id":13818,"date":"2026-07-29T18:11:04","date_gmt":"2026-07-29T21:11:04","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=13818"},"modified":"2026-07-29T18:11:05","modified_gmt":"2026-07-29T21:11:05","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-29%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=13818","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 29\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc911\uc559\uc740\ud589(BCRA), \ub2ec\ub7ec \ub9e4\uc785 135\uc77c \uc5f0\uc18d \uae30\ub85d \uc885\ub8cc
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc911\uc559\uc740\ud589(BCRA)\uc740 135\uac70\ub798\uc77c \uc5f0\uc18d \uc678\ud658\uc744 \ub9e4\uc785\ud558\ub358 \uae30\ub85d\uc801\uc778 \ud589\uc9c4\uc744 \uba48\ucdc4\uc2b5\ub2c8\ub2e4.
    \uc774\ub0a0 \uc911\uc559\uc740\ud589\uc740 \uacf5\uc2dd \uc678\ud658\uc2dc\uc7a5\uc5d0 \uac1c\uc785\ud558\uc9c0 \uc54a\uc558\uc73c\uba70, \uac00\uc7a5 \ud070 \uc774\uc720\ub294 \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc758 \ub2ec\ub7ec \uc218\uc694\uac00 \ud06c\uac8c \uc99d\uac00\ud588\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.
    \uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 7\uc6d4 \ud55c \ub2ec \ub3d9\uc548 \uc911\uc559\uc740\ud589\uc774 \uc21c\ub9e4\uc785\ud55c \uc678\ud658\uc740 19\uc5b56,300\ub9cc \ub2ec\ub7ec\uc5d0 \ub2ec\ud588\uc73c\uba70, 2026\ub144 \ub204\uc801 \uc21c\ub9e4\uc785\uc561\uc740 131\uc5b5 \ub2ec\ub7ec\ub97c \ub118\uc5b4\uc130\uc2b5\ub2c8\ub2e4.
    \uc774\ubc88 \ub9e4\uc785 \uc911\ub2e8\uc740 IMF \ucd1d\uc7ac \ud06c\ub9ac\uc2a4\ud0c8\ub9ac\ub098 \uac8c\uc624\ub974\uae30\uc5d0\ubc14\uc758 \uc544\ub974\ud5e8\ud2f0\ub098 \ubc29\ubb38\uacfc \uc2dc\uae30\uac00 \uacb9\ucce4\uc2b5\ub2c8\ub2e4.
    \uac8c\uc624\ub974\uae30\uc5d0\ubc14 \ucd1d\uc7ac\ub294 \uc815\ubd80\uc758 \uacbd\uc81c\uc815\ucc45\uc744 \ub192\uc774 \ud3c9\uac00\ud588\uace0, \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uc131\uacfc\ub3c4 \uae0d\uc815\uc801\uc73c\ub85c \ud3c9\uac00\ud588\uc2b5\ub2c8\ub2e4.
    \ubc18\uba74 \ucd1d\uc678\ud658\ubcf4\uc720\uc561\uc740 \ud558\ub8e8 \ub3d9\uc548 2\uc5b53,400\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud558\uc5ec 489\uc5b53,100\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4.
    \uac10\uc18c \uc6d0\uc778 \uac00\uc6b4\ub370 \ud558\ub098\ub294 \uad6d\uc81c \uae08\uac12 \ud558\ub77d\uc785\ub2c8\ub2e4.
    \uae08 \uac00\uaca9\uc740 \ud558\ub8e8 \ub3d9\uc548 1.30% \ud558\ub77d\ud588\uace0,
    \uc774\uc5d0 \ub530\ub77c \uc911\uc559\uc740\ud589\uc774 \ubcf4\uc720\ud55c \uae08 \uc790\uc0b0\uc758 \ud3c9\uac00\uae08\uc561\ub3c4 \uac10\uc18c\ud588\uc2b5\ub2c8\ub2e4.
    \ud558\ub8e8 \ub3d9\uc548 \ub9e4\uc785\uc774 \uc911\ub2e8\ub418\uc5c8\uc9c0\ub9cc,
    7\uc6d4 \ud558\ub8e8 \ud3c9\uade0 \ub2ec\ub7ec \ub9e4\uc785\uc561\uc740 1\uc5b51,600\ub9cc \ub2ec\ub7ec\ub85c \uc720\uc9c0\ub418\uace0 \uc788\uc73c\uba70 \uc774\ub294 \uc62c\ud574 \ud3c9\uade0\uc744 \ud06c\uac8c \uc6c3\ub3c4\ub294 \uc218\uc900\uc785\ub2c8\ub2e4.<\/li>\n\n\n\n
  2. \ubbf8\uad6d \uc5f0\uc900(Fed), \uc624\ub298 \uae08\ub9ac \uacb0\uc815 \ubc1c\ud45c
    \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\ub294 \uc624\ub298 \uae30\uc900\uae08\ub9ac\ub97c \uacb0\uc815\ud569\ub2c8\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294
    \uc774\ubc88 \ud68c\uc758\uc5d0\uc11c\ub294 \uae08\ub9ac\ub97c \ub3d9\uacb0\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uadf8\ub7ec\ub098 \ud22c\uc790\uc790\ub4e4\uc740 \uc55e\uc73c\ub85c \uba87 \ub2ec \uc548\uc5d0 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1\uc774 \uc788\uc744 \uac00\ub2a5\uc131\ub3c4 \uc5fc\ub450\uc5d0 \ub450\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uc774\ubc88 \ud68c\uc758\ub294 \uc2e0\uc784 \uc5f0\uc900 \uc758\uc7a5 \ucf00\ube48 \uc6cc\uc2dc(Kevin Warsh)\uac00 \uc8fc\uc7ac\ud558\ub294 \ub450 \ubc88\uc9f8 FOMC(\ubbf8\uad6d \uc5f0\ubc29\uacf5\uac1c\uc2dc\uc7a5\uc704\uc6d0\ud68c)\uc785\ub2c8\ub2e4.
    \ud604\uc7ac \ubbf8\uad6d \uacbd\uc81c \uc0c1\ud669\uc740 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4.
    *\uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960 : 4.1%
    *\uc5f0\uc900 \ubaa9\ud45c : 2%
    *\uc2e4\uc5c5\ub960 : 4.2%
    \uc989, \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5ec\uc804\ud788 \ubaa9\ud45c\ubcf4\ub2e4 \ud6e8\uc52c \ub192\uc9c0\ub9cc \uace0\uc6a9\uc2dc\uc7a5\ub3c4 \ub9e4\uc6b0 \uacac\uc870\ud55c \uc0c1\ud0dc\uc785\ub2c8\ub2e4.
    \uc5ec\uae30\uc5d0 \uc911\ub3d9 \uae34\uc7a5\ub3c4 \ub2e4\uc2dc \uae08\uc735\uc2dc\uc7a5\uc758 \ubcc0\uc218\ub85c \ub5a0\uc62c\ub790\uc2b5\ub2c8\ub2e4.
    \uc774\ub780\uc774 \ubbf8\uad70\uc744 \uacf5\uaca9\ud558\uba74\uc11c \uad6d\uc81c\uc720\uac00\ub294 \uae09\ub4f1\ud588\uace0, WTI \uac00\uaca9\uc740 \ubc30\ub7f4\ub2f9 82.84\ub2ec\ub7ec\uae4c\uc9c0 \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.
    \ub610\ud55c \ud638\ub974\ubb34\uc988 \ud574\ud611 \uae34\uc7a5,\ubbf8\uad6d\uc758 \uc218\uc785\uad00\uc138,
    AI \uc0b0\uc5c5 \ud655\ub300\uc5d0 \ub530\ub978 \uc5d0\ub108\uc9c0 \uc218\uc694 \uc99d\uac00
    \ub4f1\uc774 \ubaa8\ub450 \uc5d0\ub108\uc9c0 \uac00\uaca9\uc744 \ub2e4\uc2dc \ub04c\uc5b4\uc62c\ub9b4 \uc218 \uc788\ub294 \uc694\uc778\uc73c\ub85c \uc9c0\ubaa9\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc624\ub298 \uc6cc\uc2dc \uc758\uc7a5\uc758 \uae30\uc790\ud68c\uacac\uc744 \ud1b5\ud574 \uc55e\uc73c\ub85c \uc5f0\uc900\uc758 \ud1b5\ud654\uc815\ucc45 \ubc29\ud5a5\uc744 \ud310\ub2e8\ud558\ub824 \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n
  3. \uc7ac\ubb34\uccad, 8\uc8705\ucc9c\uc5b5 \ud398\uc18c \uad6d\ucc44 \ucc28\ud658 \ucd94\uc9c4
    \uacbd\uc81c\ubd80\ub294 \uc57d 8\uc8705\ucc9c\uc5b5 \ud398\uc18c \uaddc\ubaa8\uc758 \uad6d\ucc44 \ub9cc\uae30\ub97c \ucc28\ud658\ud558\uae30 \uc704\ud55c \uc785\ucc30\uc744 \uc2e4\uc2dc\ud569\ub2c8\ub2e4.
    \uc815\ubd80 \ubaa9\ud45c\ub294, \uad6d\ucc44 \ub9cc\uae30\ub97c \uac00\ub2a5\ud55c \ud55c 2027\ub144 \uc120\uac70 \uc774\ud6c4\ub85c \uc5f0\uc7a5\ud558\ub294 \uac83\uc785\ub2c8\ub2e4.
    \ud604\uc7ac 2027\ub144 \ub9d0\uae4c\uc9c0 \ub9cc\uae30\uac00 \ub3cc\uc544\uc624\ub294 \uad6d\ucc44\ub294 \uc57d 239\uc8702\ucc9c\uc5b5 \ud398\uc18c\uc785\ub2c8\ub2e4.
    \uadf8\ub7ec\ub098 \uc815\ubd80\ub294 \uc774\ub97c \ud06c\uac8c \uc6b0\ub824\ud558\uc9c0 \uc54a\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uadf8 \uc774\uc720\ub294 \uc804\uccb4 \uad6d\ucc44\uc758 \uc57d 52%\ub294 \uc911\uc559\uc740\ud589(BCRA),\uc9c0\uc18d\uac00\ub2a5\uc131\ubcf4\uc7a5\uae30\uae08(FGS) \ub4f1 \uacf5\uacf5\uae30\uad00\uc774 \ubcf4\uc720\ud558\uace0 \uc788\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.
    \uc989, \uad6d\ucc44 \uc808\ubc18 \uc774\uc0c1\uc774 \uc815\ubd80 \ub0b4\ubd80\uc5d0 \uc788\uc5b4
    \ubbfc\uac04 \ud22c\uc790\uc790\uc5d0\uac8c \uacc4\uc18d \ucc28\ud658\uc744 \ubd80\ud0c1\ud574\uc57c \ud558\ub294 \ubd80\ub2f4\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc801\uc2b5\ub2c8\ub2e4.
    \ubbfc\uac04\uc774 \ubcf4\uc720\ud55c \uad6d\ucc44\ub294 \uc57d 48%\uc785\ub2c8\ub2e4.
    \ub610\ud55c \uc120\uac70\uac00 \uc608\uc815\ub41c 2027\ub144 \ub9d0\uae4c\uc9c0 \ub9cc\uae30 \uad6c\uc870\ub3c4 \ube44\uad50\uc801 \uc548\uc815\uc801\uc73c\ub85c \uc124\uacc4\ub418\uc5b4 \uc788\uc5b4 \uc815\ubd80\ub294 \uae08\uc735\uc2dc\uc7a5\uc758 \uc555\ubc15\uc744 \ud06c\uac8c \ubc1b\uc9c0 \uc54a\uace0 \uad6d\ucc44 \uad00\ub9ac\ub97c \ud560 \uc218 \uc788\ub2e4\uace0 \ud310\ub2e8\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n\n\n\n
  4. \uc678\ud658\uc2dc\uc7a5 \uc548\uc815\uc138 \uc9c0\uc18d
    \ub3c4\ub9e4\ud658\uc728\uc740 \ub2ec\ub7ec\ub2f9 1,498\ud398\uc18c\ub85c \ub9c8\uac10\ud588\uc2b5\ub2c8\ub2e4.
    \uc804\uc77c\ubcf4\ub2e4 \ub2e8 1\ud398\uc18c(0.07%) \uc0c1\uc2b9\ud558\ub294 \ub370 \uadf8\ucce4\uc2b5\ub2c8\ub2e4.
    \uae08\uc735\ud658\uc728\ub3c4 \uac70\uc758 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4.
    MEP : 1,533.50\ud398\uc18c(+0.03%)
    CCL : 1,597.54\ud398\uc18c(\ubcc0\ub3d9 \uc5c6\uc74c)
    \uc120\ubb3c\ud658 \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ub2e8\uae30 \uacc4\uc57d\uc740 \uc18c\ud3ed \uc0c1\uc2b9,
    2027\ub144 \ub9cc\uae30 \uacc4\uc57d\uc740 \uc18c\ud3ed \ud558\ub77d\ud588\uc2b5\ub2c8\ub2e4.
    \uc2dc\uc7a5\uc5d0 \ubc18\uc601\ub41c \uc6d4\uac04 \uae30\ub300 \ud658\uc728 \uc0c1\uc2b9\ub960\uc740
    7\uc6d4 : 0.68%
    8\uc6d4 : 1.55%
    \ud398\uc18c \uae08\ub9ac\ub294 \uc5c7\uac08\ub838\uc2b5\ub2c8\ub2e4.
    TAMAR(\uace0\uc561 \uc608\uae08) \uae08\ub9ac : 22.81%(\uc0c1\uc2b9)
    BADLAR(\uace0\uc561 \uc608\uae08 \ud3c9\uade0) \uae08\ub9ac : 20.94%(1%\ud3ec\uc778\ud2b8 \uc774\uc0c1 \ud558\ub77d)
    \ud55c\ud3b8 \ubbf8\uad6d\uc758 \uae08\ub9ac \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 \uc804 \uc138\uacc4 \ud22c\uc790\uc790\ub4e4\uc774 \uc704\ud5d8\uc790\uc0b0 \ud22c\uc790\ub97c \uc904\uc774\uba74\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc2dc\uc7a5\ub3c4 \uc57d\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4.
    *S&P \uba54\ub974\ubc1c \uc9c0\uc218 : 1.48% \ud558\ub77d
    *\uad6d\uac00\uc704\ud5d8\ub3c4 : 441bp\ub85c \uc0c1\uc2b9
    *\ubbf8\uad6d ADR : \ucd5c\ub300 3.1% \ud558\ub77d<\/li>\n\n\n\n
  5. \uc0b0\ud6c4\uc548 \uc8fc, 5\uc5b5 \ub2ec\ub7ec \ud574\uc678\ucc44\uad8c \ubc1c\ud589 \ucd94\uc9c4
    \uc0b0\ud6c4\uc548 \uc8fc\uc815\ubd80\ub294 \ub7f0\ub358\uacfc \ub274\uc695\uc5d0\uc11c \ud22c\uc790\uc124\uba85\ud68c\ub97c \uac1c\ucd5c\ud558\uc5ec 5\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ud574\uc678\ucc44\uad8c \ubc1c\ud589\uc744 \ucd94\uc9c4\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uc774\ubc88 \uc790\uae08\uc740 \ube44\ucfe0\ub0d0(Vicu\u00f1a) \ucd08\ub300\ud615 \uad11\uc0b0 \ud504\ub85c\uc81d\ud2b8\uc640 \uad00\ub828\ub41c \uc778\ud504\ub77c \uac74\uc124\uc5d0 \uc0ac\uc6a9\ub420 \uc608\uc815\uc785\ub2c8\ub2e4.
    \uc774 \ud504\ub85c\uc81d\ud2b8\ub294 \uad6c\ub9ac, \uae08, \uc740\uc744 \uc0dd\uc0b0\ud558\ub294 \uc544\ub974\ud5e8\ud2f0\ub098-\uce60\ub808 \uacf5\ub3d9 \uad11\uc0b0\uc774\uba70,
    RIGI(\ub300\uaddc\ubaa8 \ud22c\uc790 \uc778\uc13c\ud2f0\ube0c \uc81c\ub3c4)\uc758 \uc2b9\uc778\uc744 \ubc1b\uc740 \uc0ac\uc5c5\uc785\ub2c8\ub2e4.
    \uc8fc\uc815\ubd80\ub294 J.P. Morgan\uacfc Banco Santander\ub97c \uc8fc\uad00\uc0ac\ub85c \uc120\uc815\ud588\uc2b5\ub2c8\ub2e4.
    \uc0b0\ud6c4\uc548 \uc8fc\uc758\ud68c\ub294 \uc774\ubbf8 \uc5f0\ubc29\uc815\ubd80 \uc138\uc218\ubc30\ubd84\uae08\uc744 \ub2f4\ubcf4\ub85c \ud55c \ucc28\uc785\uc744 \uc2b9\uc778\ud588\uc2b5\ub2c8\ub2e4.
    \uc815\ubd80\ub294 \uc5f0 10% \uc774\ud558\uc758 \uae08\ub9ac\ub85c \ucc44\uad8c \ubc1c\ud589\uc744 \ub9c8\ubb34\ub9ac\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc790\uae08\uc774 10~11\uc6d4 \uc0ac\uc774 \uc720\uc785\ub420 \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\uc73c\uba70,\uc774\ub97c \ud1b5\ud574 \ub3c4\ub85c, \uc218\uc790\uc6d0 \uc2dc\uc124, \uc8fc\ud0dd \uac74\uc124 \uc0ac\uc5c5\uc744 \uc989\uc2dc \ubc1c\uc8fc\ud560 \uacc4\ud68d\uc785\ub2c8\ub2e4.<\/li>\n\n\n\n
  6. \uc6d0\uc720, \ub18d\uc0b0\ubb3c \uc81c\uce58\uace0 \ucd5c\ub300 \uc218\ucd9c\ud488\uc73c\ub85c \ubd80\uc0c1
    2026\ub144 \uc0c1\ubc18\uae30 \uc6d0\uc720\uac00 \uc0ac\uc0c1 \ucc98\uc74c\uc73c\ub85c
    \uc544\ub974\ud5e8\ud2f0\ub098 \ucd5c\ub300 \uc218\ucd9c\ud488\uc774 \ub418\uc5c8\uc2b5\ub2c8\ub2e4.
    \uadf8\ub3d9\uc548 1\uc704\ub97c \ucc28\uc9c0\ud588\ub358 \uc625\uc218\uc218, \ub300\ub450 \ubd80\uc0b0\ubb3c\uc744 \ubaa8\ub450 \uc81c\ucce4\uc2b5\ub2c8\ub2e4.
    INDEC \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 \uc6d0\uc720 \uc218\ucd9c\uc561\uc740
    46\uc5b59,300\ub9cc \ub2ec\ub7ec\uc600\uc2b5\ub2c8\ub2e4.
    \uc774\ub294 2025\ub144 \uac19\uc740 \uae30\uac04\ubcf4\ub2e4 47.7% \uc99d\uac00\ud55c \uc218\uce58\uc785\ub2c8\ub2e4.
    \uadf8 \ub4a4\ub97c \uc774\uc5b4
    \uc625\uc218\uc218 : 41\uc5b57,100\ub9cc \ub2ec\ub7ec
    \ub300\ub450\ubc15 : 41\uc5b56,100\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4.
    \uc774\ub7ec\ud55c \ubcc0\ud654\ub294 \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0(Vaca Muerta) \uc170\uc77c \uac1c\ubc1c \ud655\ub300\uc5d0 \ub530\ub978 \uad6c\uc870\uc801\uc778 \ubcc0\ud654\ub85c \ud3c9\uac00\ub429\ub2c8\ub2e4.
    2026\ub144 \uc0c1\ubc18\uae30 \uc804\uccb4 \uc218\ucd9c\uc740
    494\uc5b55,400\ub9cc \ub2ec\ub7ec\uc600\uc2b5\ub2c8\ub2e4.
    \ub610\ud55c \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc758 \ubb34\uc5ed\ud751\uc790\ub294
    50\uc5b57,600\ub9cc \ub2ec\ub7ec\ub85c \uc99d\uac00\ud588\uc73c\uba70,
    \uc804\ub144 \ub300\ube44 61.7% \uc99d\uac00\ud558\ub294 \ub9e4\uc6b0 \ub192\uc740 \uc131\uc7a5\uc138\ub97c \ub098\ud0c0\ub0c8\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ol>\n\n\n\n

    \uc885\ud569 \ud3c9\uac00
    \uc774\ubc88 \ube0c\ub9ac\ud551\uc758 \ud575\uc2ec \uba54\uc2dc\uc9c0\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4.
    *\uc911\uc559\uc740\ud589\uc758 \ud558\ub8e8 \ub2ec\ub7ec \ub9e4\uc785 \uc911\ub2e8\uc740 \uc77c\uc2dc\uc801\uc778 \ud604\uc0c1\uc774\uba70, \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uae30\uc870\ub294 \uc5ec\uc804\ud788 \uc720\uc9c0\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.
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    *\uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uad6d\ucc44 \ub9cc\uae30 \uad6c\uc870\ub97c \uc548\uc815\uc801\uc73c\ub85c \uad00\ub9ac\ud558\uace0 \uc788\uc73c\uba70, \uc808\ubc18 \uc774\uc0c1\uc744 \uacf5\uacf5\ubd80\ubb38\uc774 \ubcf4\uc720\ud558\uace0 \uc788\uc5b4 \ucc28\ud658 \uc704\ud5d8\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc2b5\ub2c8\ub2e4.
    *\uc6d0\uc720\uac00 \ucd5c\ub300 \uc218\ucd9c\ud488\uc73c\ub85c \uc790\ub9ac \uc7a1\uc73c\uba74\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uacbd\uc81c\uac00 \ub18d\uc5c5 \uc911\uc2ec\uc5d0\uc11c \uc5d0\ub108\uc9c0 \uc911\uc2ec\uc73c\ub85c \uc810\ucc28 \uc804\ud658\ub418\ub294 \uad6c\uc870\uc801 \ubcc0\ud654\uac00 \ub354\uc6b1 \ub69c\ub837\ud574\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c \uc885\ud569 \ud3c9\uac00\uc774\ubc88 \ube0c\ub9ac\ud551\uc758 \ud575\uc2ec \uba54\uc2dc\uc9c0\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4.*\uc911\uc559\uc740\ud589\uc758 \ud558\ub8e8 \ub2ec\ub7ec \ub9e4\uc785 \uc911\ub2e8\uc740 \uc77c\uc2dc\uc801\uc778 \ud604\uc0c1\uc774\uba70, \uc678\ud658\ubcf4\uc720\uc561 \ucd95\uc801 \uae30\uc870\ub294 \uc5ec\uc804\ud788 \uc720\uc9c0\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.*\ubbf8\uad6d \uc5f0\uc900\uc758 \uae08\ub9ac \uacb0\uc815\uacfc \uc6cc\uc2dc \uc758\uc7a5\uc758 \ubc1c\uc5b8\uc774 \uae00\ub85c\ubc8c \uae08\uc735\uc2dc\uc7a5\uacfc \uc544\ub974\ud5e8\ud2f0\ub098 \uc2dc\uc7a5\uc758 \ub2e8\uae30 \ubc29\ud5a5\uc744 \uc88c\uc6b0\ud560 \uac00\uc7a5 \uc911\uc694\ud55c \ubcc0\uc218\uc785\ub2c8\ub2e4.*\uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uad6d\ucc44 \ub9cc\uae30 \uad6c\uc870\ub97c \uc548\uc815\uc801\uc73c\ub85c \uad00\ub9ac\ud558\uace0 \uc788\uc73c\uba70, \uc808\ubc18 \uc774\uc0c1\uc744 \uacf5\uacf5\ubd80\ubb38\uc774 \ubcf4\uc720\ud558\uace0 \uc788\uc5b4 \ucc28\ud658 \uc704\ud5d8\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc2b5\ub2c8\ub2e4.*\uc6d0\uc720\uac00 \ucd5c\ub300 \uc218\ucd9c\ud488\uc73c\ub85c \uc790\ub9ac \uc7a1\uc73c\uba74\uc11c \uc544\ub974\ud5e8\ud2f0\ub098 \uacbd\uc81c\uac00 \ub18d\uc5c5 \uc911\uc2ec\uc5d0\uc11c \uc5d0\ub108\uc9c0 \uc911\uc2ec\uc73c\ub85c \uc810\ucc28 \uc804\ud658\ub418\ub294 \uad6c\uc870\uc801 \ubcc0\ud654\uac00 \ub354\uc6b1 \ub69c\ub837\ud574\uc9c0\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n","protected":false},"author":6,"featured_media":13819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-13818","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\/13818","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=13818"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/13818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/13819"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}