{"id":6934,"date":"2025-02-20T16:09:25","date_gmt":"2025-02-20T19:09:25","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=6934"},"modified":"2025-02-20T16:09:26","modified_gmt":"2025-02-20T19:09:26","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c-02%ec%9b%94-20%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=6934","title":{"rendered":"\u110b\u1169\u1102\u1173\u11af\u110b\u1174 \u1100\u1167\u11bc\u110c\u1166 (02\uc6d4 20\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"295\" height=\"180\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/02\/OIP-3.jpg\" alt=\"\" class=\"wp-image-6935\" style=\"width:549px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u110b\u1169\u1102\u1173\u11af\u110b\u1174 \u1100\u1167\u11bc\u110c\u1166<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>1\u110b\u116f\u11af \u1103\u1169\u1106\u1162 \u110b\u1175\u11ab\u1111\u1173\u11af\u1105\u1166\u110b\u1175\u1109\u1167\u11ab 1.5%<br>1\u110b\u116f\u11af \u1103\u1169\u1106\u1162 \u110b\u1175\u11ab\u1111\u1173\u11af\u1105\u1166\u110b\u1175\u1109\u1167\u11ab\u110b\u1173\u11ab \u110c\u1165\u11ab\u110b\u116f\u11af \u1103\u1162\u1107\u1175 1.5% \u110b\u1169\u11af\u1105\u1161\u11bb\u1103\u1161.<br>\u1100\u116e\u11a8\u1102\u1162\u110c\u1166\u1111\u116e\u11b7\u110b\u1173\u11ab 1.6%, \u1109\u116e\u110b\u1175\u11b8\u1111\u116e\u11b7\u110b\u1173\u11ab 0.5% \u1109\u1161\u11bc\u1109\u1173\u11bc\u1112\u1162\u11bb\u1103\u1161.<br>\u1100\u116e\u11a8\u1102\u1162\u110c\u1166\u1111\u116e\u11b7\u110b\u1166\u1109\u1165 \u110c\u1165\u11ab\u1100\u1175 \u1107\u116e\u1111\u116e\u11b7\u110b\u1175 3.6%, 1\u110e\u1161 \u1109\u1161\u11bc\u1111\u116e\u11b7\u110b\u1173\u11ab 2.1%, \u110c\u1166\u110c\u1169\u1111\u116e\u11b7 1.4% \u1100\u1161\u11a8\u1100\u1161\u11a8 \u110b\u1169\u11af\u1105\u1161\u11bb\u1103\u1161.<br>1\u110e\u1161 \u110c\u1166\u1111\u116e\u11b7\u110b\u1173\u11ab \u110c\u116e\u1105\u1169 \u1109\u1165\u11a8\u110b\u1172\u110b\u116a \u1100\u1161\u1109\u1173 \u1107\u116e\u1106\u116e\u11ab\u110b\u1174 4.1% \u1109\u1161\u11bc\u1109\u1173\u11bc\u110b\u1175 \u110f\u1173\u11ab \u1107\u1175\u110c\u116e\u11bc\u110b\u1173\u11af \u110e\u1161\u110c\u1175\u1112\u1162\u11bb\u1103\u1161.<br>\u1100\u1175\u1110\u1161 \u1107\u116e\u1106\u116e\u11ab\u110b\u1173\u11ab 1% \u110b\u1175\u1112\u1161\u110b\u1167\u11bb\u1103\u1161.<\/li>\n\n\n\n<li>Merval \u110c\u1175\u1109\u116e, \u110b\u116a\u11ab\u1106\u1161\u11ab\u1112\u1161\u11ab \u1109\u1161\u11bc\u1109\u1173\u11bc<br>\u110c\u1161\u11bc\u110c\u116e\u11bc \u1100\u1173\u11bc\u110c\u1165\u11bc\u110c\u1165\u11a8\u110b\u1175\u110b\u1165\u11bb\u1103\u1165\u11ab \u1112\u1173\u1105\u1173\u11b7\u110b\u1173\u11ab \u1106\u1161\u110c\u1175\u1106\u1161\u11a8\u110b\u1166 \u1102\u1162\u1105\u1175\u1106\u1167\u11ab\u1109\u1165 0.4% \u1109\u1161\u11bc\u1109\u1173\u11bc\u1112\u1162, 2,401,579 \u110c\u1175\u1109\u116e\u1105\u1169 \u1106\u1161\u1100\u1161\u11b7\u1112\u1162\u11bb\u1103\u1161.<br>\u1112\u1162\u110b\u116c\u110b\u1174 ADR\u1103\u1169 \u1103\u1162\u1107\u116e\u1107\u116e\u11ab \u110b\u1163\u11a8\u1100\u1161\u11ab \u1109\u1161\u11bc\u1109\u1173\u11bc\u1112\u1162\u11bb\u1103\u1161.<br>\u110b\u1175\u1105\u1165\u11ab \u110b\u116a\u11ab\u1106\u1161\u11ab\u1112\u1161\u11ab \u1109\u1161\u11bc\u1109\u1173\u11bc\u1109\u1166\u1102\u1173\u11ab, \u1103\u1162\u1110\u1169\u11bc\u1105\u1167\u11bc\u110b\u1174 \u110b\u1161\u11b7\u1112\u1169\u1112\u116a\u1111\u1168 \u1109\u1173\u110f\u1162\u11ab\u1103\u1173\u11af\u1105\u1169 \u110e\u116e\u1105\u1161\u11a8\u1112\u1161\u11ab \u1100\u1161\u110b\u116e\u11ab\u1103\u1166 \u110b\u1175\u11af\u110c\u116e\u110b\u1175\u11af\u110b\u1175 \u1109\u1175\u110c\u1161\u11a8\u1103\u116c\u11ab\u1103\u1166 \u1104\u1161\u1105\u1173\u11ab \u1100\u1165\u11ba\u110b\u1175\u1103\u1161.<br>\u110b\u1175\u110b\u116a\u1100\u116a\u11ab\u1105\u1167\u11ab A\u0301mbito Financiero \u110c\u1175\u1102\u1173\u11ab \u1103\u1161\u110b\u1173\u11b7\u1100\u116a \u1100\u1161\u11c0\u110b\u1175 \u1107\u1169\u1103\u1169\u1112\u1162\u11bb\u1103\u1161.<br>\u1106\u1175\u11af\u1105\u1166\u110b\u1175\u110b\u1174 \u1109\u1175\u11ab\u1105\u116c\u1109\u1165\u11bc \u1109\u1161\u11bc\u1109\u1175\u11af \u1100\u1161\u1102\u1173\u11bc\u1109\u1165\u11bc\u1100\u116a \u1100\u116e\u11a8\u1100\u1161\u1100\u1161 \u1100\u1175\u110b\u1165\u11b8\u110b\u1166 \u1106\u1175\u110e\u1175\u1102\u1173\u11ab \u110b\u1167\u11bc\u1112\u1163\u11bc\u110b\u1166\u1109\u1165 \u1107\u1167\u11ab\u1103\u1169\u11bc\u1109\u1165\u11bc\u110b\u1173\u11af \u1107\u1169\u110b\u1167\u110c\u116e\u1102\u1173\u11ab \u110c\u1165\u11bc\u110e\u1175\u110c\u1165\u11a8 \u1102\u1169\u11ab\u1105\u1161\u11ab\u110b\u1175 \u1109\u1175\u110c\u1161\u11bc\u110b\u1173\u11af \u110c\u1161\u11bc\u110b\u1161\u11a8\u1112\u1162\u11bb\u1103\u1161.<\/li>\n\n\n\n<li>\u1100\u116e\u11a8\u1100\u1161\u110b\u1171\u1112\u1165\u11b7\u1103\u1169 \u1109\u1161\u11bc\u1109\u1173\u11bc<br>\u1100\u116e\u11a8\u1100\u1161\u110b\u1171\u1112\u1165\u11b7\u1103\u1169\u1102\u1173\u11ab 3.3% \u1109\u1161\u11bc\u1109\u1173\u11bc\u1112\u1161\u11ab 719bp\u1105\u1173\u11af \u1100\u1175\u1105\u1169\u11a8\u1112\u1162\u11bb\u1103\u1161.<br>\u110b\u1175\u1102\u1173\u11ab \u1103\u1161\u11af\u1105\u1165 \u110e\u1162\u1100\u116f\u11ab\u110b\u1175 \u1111\u1167\u11bc\u1100\u1172\u11ab 1.1% \u1112\u1161\u1105\u1161\u11a8\u1112\u1161\u11ab \u1100\u1167\u11af\u1100\u116a\u110b\u1175\u1103\u1161.<br>\u1109\u1175\u110c\u1161\u11bc\u110b\u1173\u11ab \u1106\u1175\u11af\u1105\u1166\u110b\u1175 \u1103\u1162\u1110\u1169\u11bc\u1105\u1167\u11bc\u1100\u116a \u1100\u1166\u110b\u1169\u1105\u1173\u1100\u1175\u110b\u1166\u1107\u1161 IMF \u110e\u1169\u11bc\u110c\u1162 \u1112\u116c\u1103\u1161\u11b7\u110b\u1166\u1109\u1165 \u1112\u1167\u11b8\u110c\u1165\u11bc \u1112\u1161\u11b8\u110b\u1174 \u1100\u1161\u1102\u1173\u11bc\u1109\u1165\u11bc\u110b\u1166 \u1100\u1175\u1103\u1162\u1105\u1173\u11af \u1100\u1165\u11af\u1100\u1169\u110b\u1175\u11bb\u1103\u1161.<\/li>\n\n\n\n<li>\u1107\u1173\u1105\u1161\u110c\u1175\u11af, \u1100\u116e\u11a8\u110c\u1166\u1100\u1173\u11b7\u110b\u1172\u11bc\u1109\u1175\u110c\u1161\u11bc\u110b\u1166\u1109\u1165 25\u110b\u1165\u11a8 \u1103\u1161\u11af\u1105\u1165 \u110c\u1169\u1103\u1161\u11af \u110b\u1168\u110c\u1165\u11bc<br>\u1107\u1173\u1105\u1161\u110c\u1175\u11af\u110b\u1175 \u1100\u116e\u11a8\u110c\u1166\u1100\u1173\u11b7\u110b\u1172\u11bc\u1109\u1175\u110c\u1161\u11bc\u110b\u1166\u1109\u1165 \u1106\u1161\u110c\u1175\u1106\u1161\u11a8\u110b\u1173\u1105\u1169 \u110c\u1161\u1100\u1173\u11b7\u110b\u1173\u11af \u110c\u1169\u1103\u1161\u11af\u1112\u1161\u11ab \u1100\u1165\u11ba\u110b\u1173\u11ab 2024\u1102\u1167\u11ab\u110b\u1173\u1105\u1169, 20\u110b\u1165\u11a8 \u1103\u1161\u11af\u1105\u1165\u1105\u1173\u11af \u1112\u116a\u11a8\u1107\u1169\u1112\u1162\u11bb\u110b\u1165\u11bb\u1103\u1161.<br>\u1107\u1173\u1105\u1161\u110c\u1175\u11af \u110c\u1165\u11bc\u1107\u116e\u1102\u1173\u11ab \u110b\u1175\u1107\u1165\u11ab \u1100\u116e\u11a8\u110c\u1166 \u110b\u1175\u11b8\u110e\u1161\u11af\u110b\u1166\u1109\u1165, \u1100\u1173\u11af\u1105\u1169\u1107\u1165\u11af 2035 \u1100\u116e\u11a8\u110e\u1162\u1105\u1173\u11af \u1107\u1161\u11af\u1112\u1162\u11bc\u1112\u1161\u1106\u1167, \u110b\u1175\u110b\u1172\u11af\u110b\u1173\u11ab \u110b\u1167\u11ab 6.625%\u110b\u1175\u1103\u1161.<br>\u110b\u1175 \u110e\u1162\u1100\u116f\u11ab\u110b\u1173\u11ab 10\u1102\u1167\u11ab \u1106\u1161\u11ab\u1100\u1175\u1105\u1169 25\u110b\u1165\u11a8 \u1103\u1161\u11af\u1105\u1165 \u110c\u1169\u1103\u1161\u11af\u110b\u1173\u11af \u1106\u1169\u11a8\u1111\u116d\u1105\u1169 \u1112\u1161\u1100\u1169\u110b\u1175\u11bb\u1103\u1161.<br>\u1107\u1173\u1105\u1161\u1103\u1166\u1109\u1173\u110f\u1169, JPMORGAN, \u1106\u1169\u1100\u1165\u11ab\u1109\u1173\u1110\u1162\u11ab\u1105\u1175\u1100\u1161 \u110c\u116e\u1103\u1169\u1112\u1161\u11ab \u110b\u1175\u11b8\u110e\u1161\u11af\u110b\u1166\u1109\u1165, \u1109\u1175\u11ab\u110e\u1165\u11bc\u110b\u1175 65\u110b\u1165\u11a8 \u1103\u1161\u11af\u1105\u1165\u110b\u1166 \u1103\u1161\u11af\u1112\u1162\u11bb\u1103\u1161.<br>\u110b\u1175\u110b\u1172\u11af\u110b\u1173\u11ab \u1107\u1173\u1105\u1161\u110c\u1175\u11af\u110b\u1175 2020\u1102\u1167\u11ab \u110b\u1175\u1112\u116e \u110b\u1175\u11b8\u110e\u1161\u11af\u1112\u1161\u11ab 10\u1102\u1167\u11ab\u1106\u116e\u11af \u110c\u116e\u11bc\u110b\u1166\u1109\u1165 \u1100\u1161\u110c\u1161\u11bc \u1102\u1161\u11bd\u110b\u1161\u11bb\u1103\u1161.<br>\u110b\u1175 \u110e\u1162\u1100\u116f\u11ab\u110b\u1173\u11ab \u1106\u1161\u11ab\u1100\u1175 \u110b\u1167\u11ab\u110c\u1161\u11bc, \u110b\u1163\u11bc\u1103\u1169 \u1106\u1175\u11be \u1103\u1161\u110b\u1163\u11bc\u1112\u1161\u11ab \u110b\u1169\u11b8\u1109\u1167\u11ab\u110b\u1173\u11af \u1110\u116e\u110c\u1161\u110c\u1161\u1103\u1173\u11af\u110b\u1166\u1100\u1166 \u110c\u1166\u1100\u1169\u11bc\u1112\u1161\u11ab\u1103\u1161.<\/li>\n\n\n\n<li>\u1100\u116e\u11a8\u1105\u1175\u11b8\u110b\u1173\u11ab\u1112\u1162\u11bc, \u110c\u116e\u1109\u1175\u11a8\u1112\u116c\u1109\u1161\u1105\u1169 \u1107\u1167\u11ab\u1112\u1167\u11a8<br>\u110b\u1167\u11a8\u1109\u1161\u110c\u1165\u11a8\u110b\u1175\u11ab \u1100\u116e\u11a8\u1105\u1175\u11b8\u110b\u1173\u11ab\u1112\u1162\u11bc (Banco Nacio\u0301n)\u110b\u1173\u11ab \u110b\u1175\u110c\u1166 \u110c\u116e\u1109\u1175\u11a8\u1112\u116c\u1109\u1161\u1105\u1169 \u1103\u116c\u1106\u1167\u11ab\u1109\u1165, \u110c\u116e\u1109\u1175\u11a8\u110b\u1174 99.9%\u1102\u1173\u11ab \u110c\u1165\u11bc\u1107\u116e\u1100\u1161 \u1109\u1169\u110b\u1172\u1112\u1161\u11ab\u1103\u1161.<br>\u110b\u1175 \u1107\u1165\u11b8\u1105\u1167\u11bc\u110b\u1173\u11ab \u1100\u1173\u11b7\u110b\u116d\u110b\u1175\u11af\u1107\u116e\u1110\u1165 \u1107\u1161\u11af\u1112\u116d\u1103\u116c\u1106\u1167, \u1100\u1167\u11bc\u110c\u1166\u1107\u116e\u1100\u1161 \u1100\u116a\u11ab\u1105\u1175\u1112\u1161\u11ab\u1103\u1161.<br>\u110b\u1173\u11ab\u1112\u1162\u11bc\u110b\u1173\u11ab \u110c\u116e\u11bc\u1109\u1169\u1100\u1175\u110b\u1165\u11b8 \u110c\u1161\u1100\u1173\u11b7 \u110c\u1175\u110b\u116f\u11ab \u1100\u1161\u11bc\u1112\u116a\u110b\u1166 \u110e\u1169\u110c\u1165\u11b7\u110b\u1173\u11af \u1106\u1161\u11bd\u110e\u116e\u11af \u1100\u1165\u11ba\u110b\u1175\u1103\u1161.<br>\u1100\u116e\u11a8\u1105\u1175\u11b8\u110b\u1173\u11ab\u1112\u1162\u11bc\u110b\u1173\u11ab \u110c\u1161\u1109\u1161\u11ab 48\u110c\u1169 \u1111\u1166\u1109\u1169, \u110b\u1168\u1100\u1173\u11b7 33\u110c\u1169 \u1111\u1166\u1109\u1169, \u1109\u116e\u11ab\u110c\u1161\u1109\u1161\u11ab 15\u110c\u1169 \u1111\u1166\u1109\u1169\u1105\u1173\u11af \u1100\u1161\u11bd\u1100\u1169\u110b\u1175\u11bb\u1103\u1161.<\/li>\n\n\n\n<li>\u1110\u1173\u1105\u1165\u11b7\u1111\u1173 \u1100\u116a\u11ab\u1109\u1166<br>\u1110\u1173\u1105\u1165\u11b7\u1111\u1173\u110b\u1174 \u1100\u116a\u11ab\u1109\u1166 \u1106\u1169\u11a8\u1105\u1169\u11a8\u110b\u1166 \u1106\u1169\u11a8\u110c\u1162 25%\u1103\u1169 \u110e\u116e\u1100\u1161\u1112\u1161\u11ab\u1103\u1161.<br>\u1110\u1173\u1105\u1165\u11b7\u1111\u1173 \u1112\u1162\u11bc\u110c\u1165\u11bc\u1107\u116e\u1102\u1173\u11ab \u1103\u1161\u110b\u1173\u11b7\u1103\u1161\u11af \u1104\u1169\u1102\u1173\u11ab \u110b\u1175\u110c\u1165\u11ab\u110b\u1166 \u1100\u116a\u11ab\u1109\u1166\u110b\u1166 \u1103\u1162\u1112\u1161\u11ab \u110c\u116e\u110b\u116d \u1107\u1161\u11af\u1111\u116d\u1105\u1173\u11af \u1112\u1161\u11af \u110b\u1168\u110c\u1165\u11bc\u110b\u1175\u1106\u1167, \u1106\u1169\u11a8\u110c\u1162\u110b\u116a \u110b\u1175\u11b7\u1109\u1161\u11ab\u1106\u116e\u11af\u110b\u1166 \u1103\u1162\u1112\u1161\u11ab 25% \u1100\u116a\u11ab\u1109\u1166\u1105\u1173\u11af \u110e\u116e\u1100\u1161\u1112\u1162 4\u110b\u116f\u11af 2\u110b\u1175\u11af\u1107\u116e\u1110\u1165 \u1109\u1175\u1112\u1162\u11bc\u1112\u1161\u11ab\u1103\u1161\u1100\u1169 \u1107\u1161\u11b0\u1112\u1167\u11bb\u1103\u1161.<\/li>\n\n\n\n<li>\u110c\u116e\u11bc\u110b\u1161\u11bc\u110b\u1173\u11ab\u1112\u1162\u11bc \u1103\u1161\u11af\u1105\u1165 \u1106\u1162\u110b\u1175\u11b8\u110b\u1166\u1103\u1169 \u110c\u116e\u11af\u110b\u1165\u1103\u1173\u1102\u1173\u11ab \u110b\u116c\u1112\u116a\u11ab\u1107\u1169\u110b\u1172\u110b\u1162\u11a8<br>\u110c\u116e\u11bc\u110b\u1161\u11bc\u110b\u1173\u11ab\u1112\u1162\u11bc\u110b\u1173\u11ab \u110b\u1165\u110c\u1166 1\u110b\u1165\u11a8 4700\u1106\u1161\u11ab \u1103\u1161\u11af\u1105\u1165\u1105\u1173\u11af \u1109\u1161\u1103\u1173\u11af\u110b\u1167, 2\u110b\u116f\u11af \u110e\u1169\u11bc \u1106\u1162\u110b\u1175\u11b8\u110b\u1162\u11a8\u110b\u1173\u11ab 11\u110b\u1165\u11a8 6400\u1106\u1161\u11ab \u1103\u1161\u11af\u1105\u1165\u1100\u1161 \u1103\u116c\u110b\u1165\u11bb\u1103\u1161.<br>\u1100\u1173\u1105\u1165\u11b7\u110b\u1166\u1103\u1169 \u1107\u116e\u11af\u1100\u116e\u1112\u1161\u1100\u1169 \u110b\u116c\u1112\u116a\u11ab\u1107\u1169\u110b\u1172\u110b\u1162\u11a8\u110b\u1173\u11ab 4300\u1106\u1161\u11ab \u1103\u1161\u11af\u1105\u1165\u1100\u1161 \u110c\u116e\u11af\u110b\u1165\u1103\u1173\u11ab 283\u110b\u1165\u11a8 6100\u1106\u1161\u11ab \u1103\u1161\u11af\u1105\u1165\u1105\u1169 \u1106\u1161\u1100\u1161\u11b7\u1112\u1162\u11bb\u1103\u1161.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\u110b\u1169\u1102\u1173\u11af\u110b\u1174 \u1100\u1167\u11bc\u110c\u1166<\/p>\n","protected":false},"author":6,"featured_media":6935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-6934","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\/6934","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=6934"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/6934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/6935"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}