{"id":7838,"date":"2025-05-16T18:33:00","date_gmt":"2025-05-16T21:33:00","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=7838"},"modified":"2025-05-16T18:33:02","modified_gmt":"2025-05-16T21:33:02","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c05%ec%9b%94-16%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=7838","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(05\uc6d4 16\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. BOPREAL \uc2dc\ub9ac\uc988 4\uc5d0 \ub300\ud55c \uae30\ub300
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 BOPREAL \ucc44\uad8c \uc2dc\ub9ac\uc988 4\ub294 \uc5f0 3% \uae08\ub9ac\ub97c \uc81c\uacf5\ud558\uace0, \ub2ec\ub7ec\ub97c \ud655\ubcf4\ud558\uba70 \ud658\uc728 \uc555\ub825\uc744 \uc904\uc774\uace0 \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\ub294\ub370 \uae30\uc5ec\ud560 \uc785\ucc30\ub85c \uc8fc\ubaa9\ud558\uace0 \uc788\ub2e4.
    \uc815\ubd80\ub294 \uc785\ucc30\ub85c \uc57d 30\uc5b5 \ub2ec\ub7ec\ub97c \uc870\ub2ec\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4.<\/li>\n<\/ol>\n\n\n\n

    \uc138\ubd80\ub0b4\uc5ed
    \ubc1c\ud589 \uae08\uc561 : \ucd5c\ub300 30\uc5b5 \ub2ec\ub7ec. \uc21c\ucc28\uc801 \uc785\ucc30. 5\uc6d4 \uc911\uc21c \uccab \uc785\ucc30.
    \ub9cc\uae30\uc77c : 3\ub144. 2028\ub144 \ub9cc\uae30.
    \ubc00\ub808\uc774 \uc815\ubd80 \uc774\ud6c4.
    \uba85\uce6d \ubc0f \uac00\uc785 : \ub2ec\ub7ec\ub85c \ud45c\uc2dc. \ub3c4\ub9e4\ud658\uc728\ub85c \ud398\uc18c \uc785\uae08 \uac00\ub2a5.
    \uc774\uc790 : \uc5f0 3%. \ubc18\ub144\ub9c8\ub2e4 \uc9c0\uae09.
    \uc0c1\ud658 : 2028\ub144 10\uc6d4 \ub9cc\uae30 \uc2dc \uc6d0\uae08 \uc77c\uc2dc \uc0c1\ud658.<\/p>\n\n\n\n

    \uc774 \ucc44\uad8c\uc740 \uc7ac\ubb34 \ubc0f \ubb34\uc5ed \ubd80\ucc44 (2023\ub144 12\uc6d4 12\uc77c \uc774\uc804)\ub97c \uc815\ub9ac\ud558\uace0 \uc678\ud658\uc2dc\uc7a5\uc758 \uc815\uc0c1\ud654\ub97c \uc704\ud55c \ubc1c\ud589\uc774\ub2e4.
    \ubb34\uc5ed\uc5d0\uc11c \ubd80\ucc44\uc640 \uc720\ubcf4\ub41c \ubc30\ub2f9\uae08\uc744 \ud574\uacb0\ud558\uace0, \uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\uac00 \uac00\ub2a5\ud558\ub2e4.<\/p>\n\n\n\n

      \n
    1. \ud574\uc678 \uc8fc\uc18c\uc9c0 \uc9c0\uae09 \ub9cc\uae30 \uc5f0\uc7a5
      \ub9cc\uae30 \uc9c0\ubd88 \uc8fc\uc18c\uac00 \ud574\uc678\ub85c \uc788\ub294 \uacbd\uc6b0, \uc9c0\ubd88\uc740 6~18\uac1c\uc6d4 \uc5f0\uc7a5\ub41c\ub2e4.
      \uc911\uc559\uc740\ud589\uc740 \ubc1c\ud45c\ud55c \uacf5\uc9c0\ub97c \ud1b5\ud574, \ud574\uc678 \ub9cc\uae30\ub97c \uc5f0\uc7a5\ud588\ub2e4.
      \uc774\uac83\uc740 \ud658\uc728 \uc601\ud5a5\uc744 \uc5b5\uc81c\ud55c\ub2e4.
      \uc774\ubc88 \uc870\uce58\ub85c \ub9cc\uae30 \uc2dc \uc790\uc720\ub86d\uac8c \uc811\uadfc\uc774 \uac00\ub2a5\ud588\ub358 \uc790\uc720\ud658\uc728\uc2dc\uc7a5\uacfc CCL \ud658\uc728\uc2dc\uc7a5 \uc81c\ud55c\uc744 \ud68c\ud53c\ud560 \uc218 \uc5c6\uac8c \ub418\uc5c8\ub2e4.
      \uc774\ub294 \uc0c8\ub85c\uc6b4 BOPREAL \uc2dc\ub9ac\uc988 4\uc5d0 \ub300\ud55c \uc218\uc694\ub97c \ub298\ub9ac\uae30 \uc704\ud574\uc11c\ub2e4.<\/li>\n\n\n\n
    2. \ud658\uc728\uacfc \uc678\ud658\ubcf4\uc720\uc561
      \ub2ec\ub7ec\uac00 \uc548\uc131\uc138\ub97c \uc720\uc9c0\ud558\uace0, \ud558\ub77d \ucd94\uc138\ub97c \ubcf4\uc774\ub294 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c \uc5b4\uc81c \uc18c\ud3ed \ubc18\ub4f1\ud588\ub2e4.
      \ub3c4\ub9e4\ud658\uc728\uc740 6 \ud398\uc18c \uc0c1\uc2b9\ud55c 1,138 \ud398\uc18c, MEP \ud658\uc728\uc740 1,140.92 \ud398\uc18c, CCL \ud658\uc728\uc740 1,166.04 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4.
      \ub530\ub77c\uc11c \ud658\uc728 \uac04\uc758 \uaca9\ucc28\ub294 0.26%\uc640 2.46%\uc5d0 \ubd88\uacfc\ud588\ub2e4.
      \uc678\ud658\ubcf4\uc720\uc561\uc740 2\uc5b5 1800\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud558\uc5ec, 383\uc5b5 4600\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.
      \uc774\ub7f0 \uac10\uc18c\ub294 \ubbf8\uc8fc\uac1c\ubc1c\uc740\ud589 (BID)\uacfc \uad6d\uc81c\ubd80\ud765\uac1c\ubc1c\uc740\ud589 (BIRF)\uc5d0 \uc57d 2\uc5b5 8\ucc9c\ub9cc \ub2ec\ub7ec\ub97c \uc9c0\uae09\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n\n\n\n
    3. \uc5f0\uae30
      \uc815\ubd80\ub294 \uc57c\ub2f9\uc774 \uc120\uac70\uc6b4\ub3d9 \ubaa9\uc801\uc73c\ub85c \ud574\uc11d\ud560 \uac83\uc774\ub77c\ub294 \uc6b0\ub824\ub85c \uc5b4\uc81c \uc608\uc815\ub410\ub358 ‘\uce68\ub300 \ub2ec\ub7ec’ \uc591\uc131\ud654 \ubc1c\ud45c\ub97c \uc5f0\uae30\ud558\uae30\ub85c \uacb0\uc815\ud588\ub2e4.
      \uc774 \uc870\uce58\ub294 \uc2e0\uace0\ub418\uc9c0 \uc54a\uc740 \ub2ec\ub7ec\ub97c \uc0ac\uc6a9\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud588\ub2e4.
      \ud558\uc9c0\ub9cc \uc2e4\uc81c \uc774\uc720\ub294 \uc758\ud68c \uc2b9\uc778\uc774 \ud544\uc694\ud558\uc9c0 \uc54a\ub3c4\ub85d \ubc95\ub839 \ub610\ub294 \uacb0\uc758\uc548\uc73c\ub85c \ucc98\ub9ac\ud560 \uc218 \uc788\ub294\uc9c0\uc5d0 \ub300\ud55c \uc6b0\ub824\uac00 \uc788\uc5c8\uae30 \ub54c\ubb38\uc774\ub2e4.
      \ub610 \uc815\ubd80\ub294 \uc18c\ub4dd\uc138 \uc2e0\uace0\uc758 \uc218\uc815 \uc0ac\ud56d\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
    4. \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00 \ubc0f IMF \ud611\uc815 \uc900\uc218
      \uc815\ubd80\ub294 \uc778\ud50c\ub808\uc774\uc158 \ub370\uc774\ud130\uc640 \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00\uc5d0 \uc2e0\uacbd\uc744 \uace4\ub450\uc138\uc6b0\uace0 \uc788\ub2e4.
      \uc778\ud50c\ub808\uc774\uc158\uc740 4\uc6d4 2.8%\ub85c \uac10\uc18c\ud558\uc5ec \uc131\uacfc\ub97c \ubcf4\uc774\uace0 \uc788\ub2e4.
      \uadf8\ub7ec\ub098 \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00\ub294 \uc0c1\ud669\uc774 \ub354\uc6b1 \uc5b4\ub824\uc6cc \uc9c0\uace0\uc788\ub2e4.
      6\uc6d4 13\uc77c\uae4c\uc9c0 50\uc5b5 \ub2ec\ub7ec \uc99d\uac00 \ubaa9\ud45c\ub97c \ub2ec\uc131\ud558\uae30 \uc704\ud574, \ub2f9\uad6d\uc740 \uc7ac\ubb34\uccad\uc774 20\uc5b5 \ub2ec\ub7ec\uc758 \ud398\uc18c \uc5f0\ub3d9 \ucc44\uad8c\uacfc \uad6d\uc81c\uc740\ud589\ub4e4\uacfc \uac19\uc740 \uc561\uc218\uc758 REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c)\ub97c \ud611\uc0c1\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
    5. \uad6d\ub0b4 \uc790\uc0b0 \uc77c\uc2dc \uba48\ucda4
      \uc911\uac04\uc120\uac70\ub97c \uc55e\ub450\uace0, \uadf8 \uacb0\uacfc\uc5d0 \ub300\ud55c \ubbf8\uc9c0\uc218\ub85c \uc778\ud574 \ub2ec\ub7ec \ucc44\uad8c\uc740 \ucd5c\uadfc \uc0c1\uc2b9\uc138\ub97c \uba48\ucdc4\ub2e4.
      \ucd5c\ub300 1%\uae4c\uc9c0 \ud558\ub77d\ud588\ub2e4.
      \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 651bp\ub85c \ub9c8\uac10\ud588\uace0, ADR\uc740 \ucd5c\ub300 3.4%, Merval \uc9c0\uc218\ub294 \ud3c9\uade0 0.2%, \ucd5c\ub300 2.9%\uae4c\uc9c0 \uac01\uac01 \ub5a8\uc5b4\uc84c\ub2e4.<\/li>\n\n\n\n
    6. \uc5f0\uc900\uc758 \uae08\ub9ac \uacbd\uace0
      \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc758 \uc694\uad6c\uc640 \ub2ec\ub9ac \uc5f0\uc900\uc740 \uae08\ub9ac\uac00 \uc624\ub7ab\ub3d9\uc548 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uac83\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4.
      \uc774\ub294 \ud2b8\ub7fc\ud504 \ud589\uc815\ubd80\uac00 \ub0b4\ub9b0 \uad00\uc138\ub85c \uacbd\uc81c \ubd88\ud655\uc2e4\uc131\uc744 \uc57c\uae30\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.
      \uadf8\ub7ec\ub098 \uc778\ud50c\ub808\uc774\uc158 \ub454\ud654\ub294 \uc778\uc815\ud588\ub2e4.
      \ud55c\ud3b8 \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc758 \ub2e4\uc6b0\uc874\uc2a4 0.65%, S&P 500 0.41% \uac01\uac01 \uc0c1\uc2b9\ud588\uace0, \ub098\uc2a4\ub2e5\uc740 0.18% \ud558\ub77d\ud588\ub2e4.<\/li>\n\n\n\n
    7. \uc124\ube44\uc6a9\ub7c9 \uac00\ub3d9\ub960, 1\ub144 \ub9cc\uc5d0 \ucd5c\uc800
      \uad6d\ub9bd\ud1b5\uacc4\uccad (INDEC)\uc758 \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74, \uc81c\uc870\uc5c5 \uc124\ube44\uc6a9\ub7c9 \uac00\ub3d9\ub960\uc740 3\uc6d4 54.4%\uc600\ub2e4.
      \uc774\ub294 1\ub144 \ub9cc\uc5d0 \ucd5c\uc800 \uc218\uc900\uc774\ub2e4.
      \uc791\ub144 3\uc6d4\uacfc \ube44\uad50\ud558\uba74 \uc57d\uac04 \ub298\uc5b4\ub09c \uac83\uc774\uc9c0\ub9cc, \uc774\ub294 \uc791\ub144\uc774 \ucd5c\uc545\uc758 \uc2dc\uae30\uc600\ub358 \ud0d3\uc774\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

      \uc624\ub298\uc758 \uacbd\uc81c \uc138\ubd80\ub0b4\uc5ed\ubc1c\ud589 \uae08\uc561 : \ucd5c\ub300 30\uc5b5 \ub2ec\ub7ec. \uc21c\ucc28\uc801 \uc785\ucc30. 5\uc6d4 \uc911\uc21c \uccab \uc785\ucc30.\ub9cc\uae30\uc77c : 3\ub144. 2028\ub144 \ub9cc\uae30.\ubc00\ub808\uc774 \uc815\ubd80 \uc774\ud6c4.\uba85\uce6d \ubc0f \uac00\uc785 : \ub2ec\ub7ec\ub85c \ud45c\uc2dc. \ub3c4\ub9e4\ud658\uc728\ub85c \ud398\uc18c \uc785\uae08 \uac00\ub2a5.\uc774\uc790 : \uc5f0 3%. \ubc18\ub144\ub9c8\ub2e4 \uc9c0\uae09.\uc0c1\ud658 : 2028\ub144 10\uc6d4 \ub9cc\uae30 \uc2dc \uc6d0\uae08 \uc77c\uc2dc \uc0c1\ud658. \uc774 \ucc44\uad8c\uc740 \uc7ac\ubb34 \ubc0f \ubb34\uc5ed \ubd80\ucc44 (2023\ub144 12\uc6d4 12\uc77c \uc774\uc804)\ub97c \uc815\ub9ac\ud558\uace0 \uc678\ud658\uc2dc\uc7a5\uc758 \uc815\uc0c1\ud654\ub97c \uc704\ud55c \ubc1c\ud589\uc774\ub2e4.\ubb34\uc5ed\uc5d0\uc11c \ubd80\ucc44\uc640 \uc720\ubcf4\ub41c \ubc30\ub2f9\uae08\uc744 \ud574\uacb0\ud558\uace0, \uc2dc\uc7a5\uc5d0\uc11c \uac70\ub798\uac00 \uac00\ub2a5\ud558\ub2e4.<\/p>\n","protected":false},"author":6,"featured_media":7839,"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-7838","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\/7838","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=7838"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7838\/revisions"}],"predecessor-version":[{"id":7840,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/7838\/revisions\/7840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/7839"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}