{"id":7474,"date":"2025-04-15T18:50:38","date_gmt":"2025-04-15T21:50:38","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=7474"},"modified":"2025-04-15T18:50:40","modified_gmt":"2025-04-15T21:50:40","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c04%ec%9b%94-15%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=7474","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(04\uc6d4 15\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc9c0\ucd9c\uc758 \ub0a0, \uc678\ud658\ubcf4\uc720\uc561\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5
    \ub9c8\uce68\ub0b4 \uc815\ubd80\uac00 \uace0\ub300\ud588\ub358, IMF\uac00 \ud611\uc815\uc5d0 \ub530\ub77c \uccab\ubc88\uc9f8 120\uc5b5 \ub2ec\ub7ec\ub97c \uc9c0\ucd9c\ud55c\ub2e4.
    \uc774\uc678\uc5d0 \ub2e4\ub978 \uad6d\uc81c\uae30\uad6c\uc5d0\uc11c\ub294 15\uc5b5 \ub2ec\ub7ec\uac00 \ub4e4\uc5b4\uc624\uace0, REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c)\ub85c 20\uc5b5 \ub2ec\ub7ec\uac00 \ucd94\uac00\ub41c\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc785\uae08\ub418\ub294 155\uc5b5 \ub2ec\ub7ec\ub85c \uc678\ud658\ubcf4\uc720\uc561 \ub9c8\uc774\ub108\uc2a4 \uc0c1\ud669\uc5d0\uc11c \ubc97\uc5b4\ub09c\ub2e4.
    \uc5ec\uae30\uc5d0 6\uc6d4\uc5d0\ub294 IMF\uc5d0\uc11c 20\uc5b5 \ub2ec\ub7ec, \ub2e4\ub978 \uad6d\uc81c\uae30\uad6c\uc5d0\uc11c 21\uc5b5 \ub2ec\ub7ec\uac00 \ub354 \ub4e4\uc5b4\uc628\ub2e4.
    \ud558\ubc18\uae30\uc5d0\ub294 IMF\uc5d0\uc11c 10\uc5b5 \ub2ec\ub7ec, \ub2e4\ub978 \uae30\uad00\uc5d0\uc11c 25\uc5b5 \ub2ec\ub7ec\uac00 \ucd94\uac00\ub41c\ub2e4.<\/li>\n\n\n\n
  2. \ud658\uc728 \uaddc\uc81c \ud574\uc81c \uc774\ud6c4\uc758 \ub2ec\ub7ec ?
    \ud658\uc728 \uaddc\uc81c \ud574\uc81c \uc774\ud6c4 \uccab\ub0a0 \ub2ec\ub7ec \ud658\uc728\uc740 \ub9ce\uc740 \ucd94\uce21\uc774 \ub09c\ubb34\ud55c \uac00\uc6b4\ub370, \uc815\ubd80\ud658\uc728\uc740 11.32% \uc0c1\uc2b9\ud55c 1,233.36 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4.
    \ubc18\uba74\uc5d0 \uae08\uc735\ud658\uc728\uc740 \ud604\uc800\ud55c \ud558\ub77d\uc744 \ub098\ud0c0\ub0c8\ub2e4.
    MEP \ud658\uc728\uc740 6% \ud558\ub77d\ud55c 1,253.40 \ud398\uc18c, CCL \ud658\uc728\uc740 6.5% \ub5a8\uc5b4\uc9c4 1,256.04 \ud398\uc18c\ub85c \ub05d\ub0ac\ub2e4. \uc815\ubd80\ud658\uc728\uacfc \uaca9\ucc28\ub294 \uc9c0\ub09c \uae08\uc694\uc77c\uacfc \ube44\uad50\ud574 MEP \ud658\uc728\uc740 25%\uc5d0\uc11c 4%\ub85c, CCL \ud658\uc728\uc740 27%\uc5d0\uc11c 7%\ub85c \uc904\uc5c8\ub2e4.
    \ub3c4\ub9e4 \ud658\uc728\uc740 \ub9e4\uc785 1,189 \ud398\uc18c, \ub9e4\ub3c4 1,198 \ud398\uc18c\ub85c \uc9c0\ub09c \uae08\uc694\uc77c\ubcf4\ub2e4 120 \ud398\uc18c (11.1% \uc0c1\uc2b9)\ub098 \uc62c\ub790\ub2e4.
    \uc774\uc640\uad00\ub828 Perfil\uc9c0\ub294 \ub2e4\uc74c\uacfc \uac19\uc774 \ubcf4\ub3c4\ud588\ub2e4.
    \uc815\ubd80\uc758 \uacbd\uc81c \ud504\ub85c\uadf8\ub7a8 3\ub2e8\uacc4\ub294 \ud658\uc728 \uc720\uc5f0\uc131\uacfc \ubc34\ub4dc \ub0b4\uc5d0\uc11c \ud658\uc728\uc774 \uc6c0\uc9c1\uc774\ub3c4\ub85d \ud588\ub2e4.
    \uc911\uc559\uc740\ud589\uc5d0 120\uc5b5 \ub2ec\ub7ec\uac00 \uc785\uae08\ub418\uace0, 6\uc6d4 \ub9d0\uae4c\uc9c0 \ucd5c\uc18c 220\uc5b5 \ub2ec\ub7ec\uac00 \ub4e4\uc5b4\uc628\ub2e4.
    \uc911\uc559\uc740\ud589\uc758 \ucda9\ubd84\ud55c \ubcf4\uc720\uc561 \ub54c\ubb38\uc5d0 MEP \ud658\uc728\uc740 \uc62c\ub77c\uac00\uae30\ubcf4\ub2e4 \ub0b4\ub824\uac08 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  3. \uac1c\uc785\uc740 \uc5c6\uc5c8\ub2e4
    \uc911\uc559\uc740\ud589\uc740 \uc5b4\uc81c \ud658\uc728\uc774 \ubc34\ub4dc \uc548\uc5d0\uc11c \uc6c0\uc9c1\uc774\uc790 \uac1c\uc785\ud558\uc9c0 \uc54a\uc558\ub2e4.
    \uc9c0\ub09c \uae08\uc694\uc77c \uc911\uc559\uc740\ud589\uc740 \uc2dc\uc7a5\uc5d0 \ub2ec\ub7ec\ub97c \ud314\uc558\uace0, \uc678\ud658\ubcf4\uc720\uc561\uc740 4\uc5b5 2100\ub9cc \ub2ec\ub7ec\uac00 \uac10\uc18c\ud55c 243\uc5b5 500\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc774\ub294 2024\ub144 1\uc6d4 \uc774\ud6c4 \ucd5c\uc18c\uce58\uc774\ub2e4.
    \uc774\uc640\uad00\ub828 \ud3ec\ubcf4\uc2a4 \uc7a1\uc9c0\ub294, \uc9c0\ub09c\uc8fc \ud658\uc728 \uaddc\uc81c \ud574\uc81c \uc774\ud6c4\uc5d0\ub294 \uc815\ubd80\ud658\uc728\uc774 1,350 \ud398\uc18c \uc774\uc0c1\uc774 \ub420\uac83\uc774\uba70, 1,000 \ud398\uc18c \uc774\ud558\ub85c\ub294 \ub0b4\ub824\uac00\uc9c0 \uc54a\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4.
    \uc9c0\ub09c \uae08\uc694\uc77c MEP \ud658\uc728\uc740 1,333 \ud398\uc18c\uc600\uace0, \uc774\ub860\ud658\uc728\uc740 1,377 \ud398\uc18c\uc600\ub2e4. (\ud3b8\uc9d1\uc790 \uc8fc : \uc774\ub860\ud658\uc728\uc740 \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uc561\uc73c\ub85c \uacc4\uc0b0\ud55c\ub2e4)
    \uc9c0\uae08\uc740 IMF\uc5d0\uc11c 120\uc5b5 \ub2ec\ub7ec\uac00 \ub4e4\uc5b4\uc640 \uc774\ub860\ud658\uc728\uc740 928 \ud398\uc18c\uac00 \ub418\uc5c8\ub2e4.
    \ud575\uc2ec\uc740 \uc7ac\uc815\ud751\uc790\ub97c \uc720\uc9c0\ud558\uace0 \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\ub294 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  4. \ud658\uc728 \uaddc\uc81c \ud574\uc81c\uac00 \uc2dc\uc7a5\uc5d0 \ubbf8\uce58\ub294 \uc601\ud5a5
    \uc815\ubd80\uc758 \ud658\uc728 \uaddc\uc81c \ud574\uc81c\uc640 \ud658\uc728 \uccb4\uc81c\ub97c \ubcc0\uacbd\ud55c \ubc1c\ud45c\ub294 \uc2dc\uc7a5\uc5d0\uc11c \uc88b\uc740 \ubc18\uc751\uc744 \uc5bb\uc5c8\ub2e4.
    \ub2ec\ub7ec \ucc44\uad8c\uc740 \ucd5c\ub300 9.6%\uae4c\uc9c0 \ub6f0\uc5c8\uace0, \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 890bp\uc5d0\uc11c 726bp\ub85c \ub5a8\uc5b4\uc84c\ub2e4.
    ADR\uc740 \ucd5c\ub300 18%\uae4c\uc9c0 \ub6f0\uc5c8\uace0, Merval \uc9c0\uc218\ub294 \ud398\uc18c\ub85c 4.8%, \ub2ec\ub7ec\ub85c 11.7% \uc0c1\uc2b9\ud588\uc73c\uba70, \uc77c\ubd80 \uc885\ubaa9\uc740 \ucd5c\ub300 20%\uae4c\uc9c0 \ud3ed\ub4f1\ud588\ub2e4.<\/li>\n\n\n\n
  5. \uc815\ubd80\ub294 \ub18d\uc5c5\uacc4\uc758 \ub2ec\ub7ec \ube44\ub97c \uae30\ub300\ud558\uace0\uc788\ub2e4
    \ub2ec\ub7ec\uac00 \ub4e4\uc5b4\uc62c\uae4c ?
    \ud658\uc728 \uaddc\uc81c\uc5d0\uc11c \ubc97\uc5b4\ub09c, \uc0c8\ub85c\uc6b4 \uacbd\uc81c \uc2dc\ub098\ub9ac\uc624\ub294 \ubaa8\ub4e0 \uacbd\uc81c \ubd80\ubb38\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce5c\ub2e4.
    \uc815\ubd80\ub294 \ud2b9\ud788 \ub18d\uc5c5\uacc4\uc5d0\uc11c \uc77c\uc5b4\ub0a0 \uc77c\uc5d0 \uc8fc\uc758\ub97c \uae30\uc6b8\uc774\uace0 \uc788\ub2e4.
    \ube14\ub80c\ub4dc \ud658\uc728 \ud3d0\uc9c0\uc640 \ub300\ub450, \ubc00, \uc625\uc218\uc218\uc5d0 \ub300\ud55c \uc77c\uc2dc\uc801 \uc6d0\ucc9c\uc9d5\uc218\uc138 \uac10\uc561\uc73c\ub85c \ud658\uc804\uc774 \ub298\uc5b4 \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\uace0 IMF \ucc28\uad00\uc73c\ub85c \ubcf4\uc720\uc561\uc744 \uc99d\uac00\uc2dc\ud0a4\uae30\ub97c \uc6d0\ud55c\ub2e4.
    \ubc00\ub808\uc774\ub294 \ub18d\uc5c5\uacc4\ub97c \ud5a5\ud574, \ud658\uc804\ud560 \ub2ec\ub7ec\uac00 \uc788\uc73c\uba74 \uc9c0\uae08 \ud574\uc57c\ud55c\ub2e4. 6\uc6d4\uc774 \ub418\uba74 \ud658\uc728\uc774 \ub0b4\ub9b4\uc218\ub3c4 \uc788\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4.
    \uadf8\ub7ec\ub098 \ub18d\uc5c5\uacc4\ub294 \uc774\ubc88 \uc870\uce58\ub85c \ud658\uc804\uc744 \ub298\ub9ac\uae30\uc5d0\ub294 \ucda9\ubd84\ud558\uc9c0 \uc54a\ub2e4\uace0 \uc5ec\uae34\ub2e4.
    \uc774\ub7f0 \uc785\uc7a5\uc740 \ud658\uc728\uc774 \uc5b4\ub5bb\uac8c \ub418\ub290\ub0d0\uc5d0 \ub530\ub77c \ub2ec\ub77c\uc9c8 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  6. \ubbf8\uad6d\uc758 \uba85\uc2dc\uc801 \uc9c0\uc6d0
    \uc2a4\ucf67 \ubbf8\uad6d \uc7ac\ubb34\uc7a5\uad00\uc758 \ubc29\uc544\ub294 \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uac00 \ubc00\ub808\uc774\uc758 \uc790\uc720\uc804\uc9c4\ub2f9 \uc815\ubd80\ub97c \uac15\ub825\ud788 \uc9c0\uc9c0\ud558\ub294 \uac83\uc744 \uc758\ubbf8\ud55c\ub2e4.
    \uadf8\uac00 \uc544\ub974\ud5e8\ud2f0\ub098 \uc815\ubd80 \uad00\ub9ac\ub4e4\uacfc \ub9cc\ub09c \uc2dc\uc810\uc740, \uc544\ub974\ud5e8\ud2f0\ub098\uac00 IMF\uc640 \uc0c8\ub85c\uc6b4 \ud611\uc815\uc744 \ud569\uc758\ud558\uace0, \ud658\uc728 \uaddc\uc81c \ud574\uc81c\ub97c \ud558\ub294 \uc911\uc694\ud55c \uc21c\uac04\uc5d0 \uc774\ub904\uc84c\ub2e4.
    \ubbf8\uad6d \uc7ac\ubb34\ubd80\ub294, \uc2a4\ucf67 \uc7a5\uad00\uc774 \ubc00\ub808\uc774 \ub300\ud1b5\ub839\uc758 \ud601\uc2e0\uc801 \uacbd\uc81c \uac1c\ud601\uc5d0 \ub300\ud55c \ubbf8\uad6d\uc758 \uc804\ud3ed\uc801\uc778 \uc9c0\uc9c0\ub97c \uc7ac\ud655\uc778\ud558\uace0, \ubbf8\uad6d\uacfc\uc758 \ud638\ud61c\uc801 \ubb34\uc5ed \uc7a5\ubcbd\uc744 \uc904\uc774\uae30 \uc704\ud55c \uc2e0\uc18d\ud55c \uc870\uce58\ub97c \ub192\uc774 \ud3c9\uac00\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4.
    \uadf8\ub7ec\ub098 \uc815\ubd80\uac00 \uae30\ub300\ud55c \ubbf8\uad6d\uc758 \uc9c1\uc811\uc801\uc778 \ub3c4\uc6c0\uc740 \uace0\ub824\ud558\uc9c0 \uc54a\uc544 \ubcf4\uc778\ub2e4.<\/li>\n\n\n\n
  7. \ud398\uc18c \ucc44\ubb34 \uc0c1\ud658\uc744 \uc704\ud55c \uc785\ucc30
    \uacbd\uc81c\ubd80\ub294 \ubc1c\ud45c \ub2f9\uc2dc\uc640 \uc0c1\ub2f9\ud55c \ucc28\uc774\uac00 \uc0dd\uae34 \uacbd\uc81c\uc801 \ud2b9\uc218\uc131\uc73c\ub85c 5\uc870 \ud398\uc18c \ucc44\uad8c \uc785\ucc30\uc744 \uc2e4\uc2dc\ud588\ub2e4.
    \uc774\ub294 \ub9cc\uae30\uac00 \ub3cc\uc544\uc624\ub294 \ubd80\ucc44\uc758 75%\ub85c, \ub2ec\ub7ec \uc5f0\uacc4 \ucc44\uad8c \ub450 \uc885\ub958\ub97c \uc81c\uc678\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":7475,"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-7474","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\/7474","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=7474"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7474\/revisions"}],"predecessor-version":[{"id":7476,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7474\/revisions\/7476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/7475"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}