{"id":7105,"date":"2025-03-11T20:15:33","date_gmt":"2025-03-11T23:15:33","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=7105"},"modified":"2025-03-11T20:15:34","modified_gmt":"2025-03-11T23:15:34","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c03%ec%9b%94-11%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=7105","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(03\uc6d4 11\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/03\/download-5.jpg\" alt=\"\" class=\"wp-image-7106\" style=\"width:368px;height:auto\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\ubd88\ud669\uc758 \uc720\ub839\uc774 \uc2dc\uc7a5\uc744 \uac15\ud0c0\ud558\ub2e4<br>\ubbf8\uad6d \ub300\ud1b5\ub839\uc740 \uc5b8\ub860 \uc778\ud130\ubdf0\uc5d0\uc11c \uacbd\uae30\uce68\uccb4 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \uc9c8\ubb38\uc5d0 \ubd80\uc815\ud558\uc9c0 \uc54a\uc558\ub2e4.<br>\uadf8\ub9ac\uace0 \uc774\ub294 \uc2dc\uc7a5\uc5d0 \uc804\uc728\uc744 \uc77c\uc73c\ucf30\ub2e4.<br>\uc911\uad6d\uc758 \uc81c\uc7ac\uc640 \ubcd1\ud589\ud558\uc5ec, \uae30\uc220\uae30\uc5c5\ub4e4\uc758 \ub192\uc740 \uc218\uc900\uc758 \ud3c9\uac00\uc5d0 \ube44\ud574 \ube44\uc6a9\uc5d0 \ucd08\uc810\uc744 \ub9de\ucd98 \ud070 \ubcc0\ub3d9\uc131\uc774 \ubc1c\uc0dd\ud558\uc5ec \ub098\uc2a4\ub2e5\uc740 4% \ud558\ub77d\ud558\uc5ec 2022\ub144 \uc774\ud6c4 \ucd5c\ub300 \ud558\ub77d\uc744 \uae30\ub85d\ud588\ub2e4.<br>\ub2e4\uc6b0\uc874\uc2a4\ub294 2.1%, S&amp;P 500\uc740 2.7% \uac01\uac01 \ub5a8\uc5b4\uc84c\ub2e4.<br>\uc138\uacc4\ubb34\uc5ed\uc804\uc7c1\uc744 \ucd09\ubc1c\ud558\uace0 \uc5f0\ubc29\uc815\ubd80 \uacf5\ubb34\uc6d0 \ud574\uace0\uc640 \uad00\uc138 \ubd80\uacfc\ub294 \uc774\ubbf8 \ubd81\ubbf8\uc640 \uae00\ub85c\ubc8c \uc2dc\uc7a5\uc5d0 3\uc8fc \ub3d9\uc548 \ubcc0\ub3d9\uc131\uc744 \ubd88\ub7ec\uc654\ub2e4.<br>\uc774\ubc88\uc8fc\uc5d0 2\uc6d4 \uc778\ud50c\ub808\uc774\uc158\uc774 \ubc1c\ud45c\ub41c\ub2e4. 1\uc6d4\uc758 \uc6d4 0.5%\uc5d0\uc11c 0.3%\ub85c \ub5a8\uc5b4\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.<br>\uc77c\uc790\ub9ac \uc218\uc694\uc640 \uad6c\uc9c1\uc5d0 \ub300\ud55c \uc870\uc0ac\ub3c4 \ubc1c\ud45c\ud55c\ub2e4.<\/li>\n\n\n\n<li>\uc544\ub974\ud5e8\ud2f0\ub098 \uc2dc\uc7a5\uc758 \ucda9\uaca9<br>\uc544\ub974\ud5e8\ud2f0\ub098 \uc2dc\uc7a5\ub3c4 \uc138\uacc4\uc801\uc778 \ucda9\uaca9\uc5d0 \uc608\uc678\ub294 \uc544\ub2c8\uc5c8\ub2e4.<br>Merval \uc9c0\uc218\ub294 \ub2ec\ub7ec\ub85c 6.4%, \ud398\uc18c\ub85c 5.5% \uae09\ub77d\ud588\ub2e4.<br>ADR\ub3c4 \ucd5c\ub300 10.5% \ud3ed\ub77d\ud588\ub2e4.<br>\ub2ec\ub7ec \ucc44\uad8c\ub3c4 \ub5a8\uc5b4\uc84c\uc9c0\ub9cc \uc644\ub9cc\ud558\uac8c 1.08% \ub0b4\ub838\ub2e4.<br>\ub530\ub77c\uc11c \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 \ub2e4\uc2dc \uc0c1\uc2b9\ud574 723bp\ub97c \uae30\ub85d\ud588\ub2e4.<\/li>\n\n\n\n<li>IMF \ud611\uc815\uacfc \uae34\uae09\uba85\ub839 \uc138\ubd80\uc0ac\ud56d<br>\uc815\ubd80\uac00 \ubc1c\ud45c\ud55c \uae34\uae09\uba85\ub839\uc740 \uc5b4\uc81c \uad00\ubcf4\uc5d0 \uac8c\uc7ac\ub410\ub2e4.<br>\ud611\uc815 \ub0b4\uc6a9\uc740 \ub9cc\uae30\ub97c \ub4a4\ub85c \ubbf8\ub8ec \ud504\ub85c\uadf8\ub7a8\uc73c\ub85c \uad6c\uc131\ud588\ub2e4.<br>\uc774\uc790 \uc9c0\uae09 \uae30\uac04\uc740 \ucd5c\ub300 10\ub144\uc774\uba70, 4\ub144 6\uac1c\uc6d4\uc758 \uc720\uc608\uae30\uac04\ub3c4 \ud3ec\ud568\ub410\ub2e4.<br>\uc0c8\ub85c\uc6b4 \ucc28\uad00\uc740 \uc911\uc559\uc740\ud589\uc774 \ubcf4\uc720\ud55c \uc591\ub3c4 \ubd88\uac00 \ub2ec\ub7ec \uc5b4\uc74c \uc7ac\ub9e4\uc785\uacfc \ud611\uc815 \uccb4\uacb0 \ud6c4 4\ub144 \uc774\ub0b4 \ub9cc\uae30\ub418\ub294 2022\ub144 \ud504\ub85c\uadf8\ub7a8\uc5d0 \ub530\ub77c \ubcf4\uc720\ud55c \uacf5\uacf5\ubd80\ucc44 \uc0c1\ud658\uc5d0 \uc0ac\uc6a9\ub41c\ub2e4.<br>\uae34\uae09\uba85\ub839\uc740 \uad00\ubcf4 \uac8c\uc7ac \uc774\ud6c4 \uc2dc\ud589\ub418\uba70, \uc0c1\ud558\uc6d0 \ubaa8\ub450 \ubc18\ub300\ud558\uc9c0 \uc54a\uc544\uc57c \ud55c\ub2e4.<br>\uc774\uc640\uad00\ub828 \u00c1mbito Financiero \uc9c0\ub294, \uc815\ubd80\uc758 \uc544\uc774\ub514\uc5b4\ub294 IMF\uc640 \ud611\uc815 \uc2b9\uc778\uc744 \uc9c0\uc5f0\uc2dc\ud0a4\uc9c0 \uc54a\uace0, \ub2e4\ub978 \ud55c\ud3b8\uc73c\ub85c\ub294 \uc758\ud68c\uc5d0\uc11c \uc0c8\ub85c\uc6b4 \uc18c\ubaa8 \ub17c\uc7c1\uc744 \ud53c\ud558\ub294 \uac83\uc774\ub77c\uace0 \uc9c0\uc801\ud588\ub2e4.<\/li>\n\n\n\n<li>\ub2ec\ub7ec\uc640 \uc678\ud658\ubcf4\uc720\uc561<br>\uadf9\uc2ec\ud55c \ubcc0\ub3d9\uc131 \uc18c\uc6a9\ub3cc\uc774 \uc18d\uc5d0\uc11c \uae08\uc735\ud658\uc728\uc740 \uc57d\uac04 \uc0c1\uc2b9\ud588\ub2e4.<br>MEP \ud658\uc728\uc740 \ub9e4\ub3c4 1,229 \ud398\uc18c, CCL \ud658\uc728\uc740 \ub9e4\ub3c4 1,228 \ud398\uc18c\ub85c 0.5% \uc0c1\uc2b9\ud588\ub2e4.<br>\ud55c\ud3b8 \uc911\uc559\uc740\ud589\uc740 3600\ub9cc \ub2ec\ub7ec\ub97c \uc0ac\ub4e4\uc600\ub2e4.<br>\uadf8\ub7ec\ub098 \uc678\ud658\ubcf4\uc720\uc561\uc740 3\uc5b5 5700\ub9cc \ub2ec\ub7ec\uac00 \uc904\uc5b4\ub4e0 277\uc5b5 3\ucc9c\ub9cc \ub2ec\ub7ec\ub85c \ub9c8\uac10\ud588\ub2e4.<\/li>\n\n\n\n<li>\uc785\ucc30 \uc81c\uc548<br>\uc7ac\ubb34\uccad\uc740 \ub0b4\uc77c \uc788\uc744 \ud398\uc18c \ucc44\uad8c \uc785\ucc30\uc5d0 \ub300\ud55c \uc138\ubd80\uc0ac\ud56d\uc744 \uacf5\uac1c\ud588\ub2e4.<br>\uc774\ub294 \uace7 \ub9cc\uae30\uac00 \ub2e5\uce58\ub294 4\uc870 6\ucc9c\uc5b5 \ud398\uc18c\ub97c \ub300\ube44\ud558\uae30 \uc704\ud55c \uac83\uc774\ub2e4.<br>\uc81c\uacf5\ub418\ub294 \ucc44\uad8c\uc740 3\uc885\ub958\uc758 LECAP\uc740 \ub9cc\uae30\uac00 2025\ub144 4~7\uc6d4 \uc0ac\uc774\uc774\uba70, \ud55c\uc885\ub958\uc758 BONCAP\uc740 2026\ub144 1\uc6d4 30\uc77c \ub9cc\uae30\uc774\uace0, 2\uc885\ub958\uc758 BONCER \uc81c\ub85c \ucfe0\ud3f0\uc740 2025\ub144 10\uc6d4\uacfc 2027\ub144 3\uc6d4\uc774 \uac01\uac01 \ub9cc\uae30\uc774\ub2e4.<br>\ub2ec\ub7ec \ucc44\uad8c \ud55c\uc885\ub958\ub294 2026\ub144 1\uc6d4\uc5d0 \ub9cc\uae30\uac00 \ub41c\ub2e4.<br>\uc774 \ucc44\uad8c\ub4e4\uc740 \uc774\uc804\uc5d0 \ubc1c\ud589\ub41c \uc885\ub958\ub85c \uc7ac\ubc1c\ud589\ud558\ub294 \uac83\uc774\ub2e4.<\/li>\n\n\n\n<li>REM (\uc2dc\uc7a5\uae30\ub300\uc9c0\uc218) \uae30\ub300\uce58<br>\uc911\uc559\uc740\ud589\uc774 \uc2dc\uc7a5 \ubd84\uc11d\uac00\ub4e4\uc758 \ubcf4\uace0\uc11c\ub97c \ud1b5\ud574 \uc791\uc131\ud55c \ucd5c\uc2e0 \uc2dc\uc7a5\uae30\ub300\uc9c0\uc218\uc5d0 \ub530\ub974\uba74, 2\uc6d4 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc740 2.3%\ub85c 1\uc6d4\uc758 2.2%\ubcf4\ub2e4 \uc18c\ud3ed \uc62c\ub77c\uac08 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4.<br>\uadf8\ub7ec\ub098 \uc55e\uc73c\ub85c \uba87\ub2ec\ub3d9\uc548 \uc778\ud50c\ub808\uc774\uc158\uc740 \uacc4\uc18d \ud558\ub77d\ud560 \uac83\uc73c\ub85c \ubcf4\uace0\uc788\ub2e4.<br>GDP \uc804\ub9dd\uce58\ub294 2025\ub144 \uc9c0\ub09c\ud574 \ub300\ube44 4.8% \uc131\uc7a5\uc744 \uae30\ub300\ud558\uace0\uc788\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":7106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-7105","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\/7105","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=7105"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/7106"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}