{"id":8079,"date":"2025-06-02T16:13:09","date_gmt":"2025-06-02T19:13:09","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=8079"},"modified":"2025-06-02T16:13:10","modified_gmt":"2025-06-02T19:13:10","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c06%ec%9b%94-02%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=8079","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(06\uc6d4 02\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00 \uacc4\ud68d
    \uc815\ubd80\uac00 IMF \uc640 \ud569\uc758\ud55c \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00 \ubaa9\ud45c\ub97c \ub2ec\uc131\ud558\ub294\ub370 \ub354 \uc2dc\uac04\uc744 \uac00\uc9c8 \uc218 \uc788\ub3c4\ub85d, IMF\uc640 \ud569\uc758 \ud3c9\uac00\uac00 \ud55c\ub2ec \uc5f0\uc7a5\ub420 \uac83\uc774\ub77c\ub294 \uc124\uc774 \ub098\uc624\uace0 \uc788\uc9c0\ub9cc, \uc815\ubd80\ub294 \ub2e4\uac01\ub3c4\ub85c \ub178\ub825\ud558\uace0\uc788\ub2e4.
    \ud604\uc7ac \uc815\ubd80\uc758 \ub300\ucc45\uc740 \uad6d\uac00\uc704\ud5d8\ub3c4 \uac10\uc18c\uc5d0 \ubca0\ud305\ud558\ub294 REPO (\ud658\ub9e4\uc870\uac74\ubd80\ucc44\uad8c) \uacc4\uc57d\uc744 \uad6d\uc81c\uc740\ud589\ub4e4\uacfc \ub9c8\ubb34\ub9ac\ud560 \uac83\uc744 \uae30\ub300\ud558\uace0\uc788\ub2e4.
    \ub2e4\ub978 \ud55c\ud3b8\uc73c\ub85c\ub294 10\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 Bonte \ucc44\uad8c\uc744 \ub354 \ubc1c\ud589\ud558\ub294 \uac00\ub2a5\uc131\uc744 \ubc30\uc81c\ud558\uc9c0 \uc54a\uc73c\uba70, \uc774 \uacbd\uc6b0 \uc9c0\ub09c\ubc88\uc5d0 \uc124\uc815\ud55c \uae08\ub9ac 29%\ubcf4\ub2e4 \ub0ae\uac8c \ubc1c\ud589\ud560 \uac83\uc774\ub2e4.<\/li>\n\n\n\n
  2. \ub18d\uc5c5\uacc4 5\uc6d4 \ud658\uc804 \uc99d\uac00
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc2dd\uc6a9\uc720\ud611\ud68c\uc640 \uace1\ubb3c \uc218\ucd9c\uc13c\ud130\uc758 \uc790\ub8cc\uc5d0 \ub530\ub974\uba74, \ub18d\uc5c5\uacc4\ub294 5\uc6d4 30\uc5b5 5400\ub9cc \ub2ec\ub7ec\ub97c \ud658\uc804\ud588\ub2e4.
    \uc774\ub294 2024\ub144 5\uc6d4 \ub300\ube44 17%, 2025\ub144 4\uc6d4 \ub300\ube44 21% \uc99d\uac00\ud55c \uc561\uc218\uc774\ub2e4.
    \uc62c\ud574 \ub204\uc801 \uc99d\uac00\uc728\uc740 29%\uc5d0 \ub2ec\ud55c\ub2e4.
    \uc774\uc640\uad00\ub828 \uc911\uc559\uc740\ud589 \uc774\uc0ac\ub294 “6\uc6d4\uc774 \ub05d\ub098\uba74 \ucf69 \uc218\ucd9c\uc138\uac00 \ub2e4\uc2dc \uc804\uc73c\ub85c \ub3cc\uc544\uac04\ub2e4. \uaca8\uc6b8 \uc791\ubb3c\uc740 \uc77c\uc2dc\uc801 \uc778\ud558\uac00 1\ub144 \ub354 \uc5f0\uc7a5\ub418\uc5c8\ub2e4”\uace0 \uc124\uba85\ud588\ub2e4.
    \ub18d\uc5c5\uacc4\uc758 2025\ub144 \ud658\uc804 \uc804\ub9dd\uc740 \uc790\uc720\ud658\uc728\uc2dc\uc7a5\uacfc CCL \ud658\uc728\uc2dc\uc7a5\uc744 \ud1b5\ud574 \ucd1d 316\uc5b5 \ub2ec\ub7ec\ub85c \uc608\uc0c1\ub41c\ub2e4.
    \uc774\ub294 \uc5f0\uac04 \uae30\uc900\uc73c\ub85c \ub192\uc740 \uc218\uc900\uc73c\ub85c, \uc8fc\uc694 \ub18d\uc0b0\ubb3c \uc218\ucd9c\uc138\uc758 \uc77c\uc2dc\uc801 \uc778\ud558\ub85c \uc62c\ud574 \uc0c1\ubc18\uae30\uc5d0 \uc9d1\uc911\ub420 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.
    \uc138\uc728\uc758 \uc77c\uc2dc\uc801 \uc778\ud558\ub294 \uace1\ubb3c\uc758 \uacbd\uc6b0 2025\ub144 6\uc6d4 30\uc77c\uae4c\uc9c0\uc774\uba70, \uaca8\uc6b8 \uc791\ubb3c\uc740 2026\ub144 3\uc6d4 31\uc77c\uae4c\uc9c0 \uc5f0\uc7a5\ub41c\ub2e4.<\/li>\n\n\n\n
  3. \ud658\uc728\uc740 6\uc6d4\uc5d0 \uc548\uc815\ub420\uae4c ?
    4\uc6d4 \uc911\uc21c \uc0c8\ub85c\uc6b4 \ubc34\ub4dc \ud658\uc728 \uc81c\ub3c4\ub97c \uc2e4\uc2dc\ud55c \ud6c4, \ub3c4\ub9e4\ud658\uc728\uc740 \uc5b4\ub5bb\uac8c \ub418\uc5c8\uc744\uae4c ?
    4\uc6d4\uc5d0\ub294 10.6% \uc0c1\uc2b9\ud588\uc9c0\ub9cc, 5\uc6d4\uc5d0\ub294 1.97%\ub85c \uc57d\uac04 \uc62c\ub77c 1,188 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4.
    Bonte 2023 \ucc44\uad8c \ubc1c\ud589 \uc774\ud6c4 \ud658\uc728\uc740 1\uc8fc\uc77c\ub9cc\uc5d0 5% \uc0c1\uc2b9\ud588\ub2e4.
    \uae08\uc735\ud658\uc728\uc740 MEP 2.31%, CCL 7.77% \uac01\uac01 \uc62c\ub790\ub2e4.<\/li>\n\n\n\n
  4. \uc778\ud50c\ub808\uc774\uc158 \uc624\ub984\uc138 \ub454\ud654
    Wise Capital \ud22c\uc790\ud68c\uc0ac\ub294 5\uc6d4 \uc778\ud50c\ub808\uc774\uc158\uc740 \uaddc\uc81c \ub454\ud654\uc640 \uc2dd\ud488 \uac00\uaca9 \ud558\ub77d\uc73c\ub85c 2~2.1%\ub85c \uc608\uc0c1\ud55c\ub2e4.
    \ub610 \uc815\ubd80\uc758 \uc784\uae08 \ud611\uc0c1 \uac1c\uc785\ub3c4 \uc778\ud50c\ub808\uc774\uc158 \ud558\ub77d \uae30\ub300\uac10\uc5d0 \ub3c4\uc6c0\uc774 \ub41c\ub2e4.
    \uc5f0\uac04 \uc778\ud50c\ub808\uc774\uc158\uc740 \uc2dc\uc7a5\uc758 \ud558\ub77d \uc804\ub9dd\uacfc \uac19\uc740 28.2%\ub85c \ucd94\uc815\ud55c\ub2e4.<\/li>\n\n\n\n
  5. \uc6d4 \uc790\uc0b0 \uc218\uc775\ub960
    5\uc6d4\uc774 \ub9c8\uac10\ub418\uba74\uc11c \uc6d4 \uc790\uc0b0 \uc218\uc775\ub960\ub3c4 \uc9d1\uacc4\ub418\uc5c8\ub2e4.
    \uc8fc\uc2dd\uc5d0\uc11c\ub294 \ucd5c\ub300 35%\uae4c\uc9c0 \ud3ed\ub4f1\ud55c \uc885\ubaa9\ub3c4 \uc788\uc5c8\uace0, \ud3c9\uade0 \ud398\uc18c\ub85c 12%, \ub2ec\ub7ec\ub85c 11.6% \uac01\uac01 \uc0c1\uc2b9\ud588\ub2e4.
    ADR\uc740 \ucd5c\ub300 26%\uae4c\uc9c0 \uc62c\ub790\uace0, \ub2ec\ub7ec \ucc44\uad8c\uc740 \ucd5c\ub300 2.2%\uae4c\uc9c0 \uc0c1\uc2b9\ud588\ub2e4.<\/li>\n\n\n\n
  6. \ucca0\uac15\uacfc \uc54c\ub8e8\ubbf8\ub284 \uad00\uc138 \uc778\uc0c1
    \ud2b8\ub7fc\ud504 \ubbf8\uad6d \ub300\ud1b5\ub839\uc740 \ucca0\uac15\uacfc \uc54c\ub8e8\ubbf8\ub284 \uc218\uc785 \uad00\uc138\ub97c 25%\uc5d0\uc11c 50%\ub85c \uc778\uc0c1\ud55c\ub2e4\uace0 \ubc1c\ud45c\ud588\ub2e4.
    \uc774 \uc870\uce58\ub294 \uce90\ub098\ub2e4\uc5d0 \ub354 \uc9c1\uc811\uc801\uc778 \uc601\ud5a5\uc744 \ubbf8\uce58\uc9c0\ub9cc, \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0\ub3c4 \uc601\ud5a5\uc774 \uc788\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 2024\ub144 \ub450 \uc81c\ud488\uc744 \ubbf8\uad6d\uc5d0 6\uc5b5 3\ucc9c\ub9cc \ub2ec\ub7ec\ub97c \uc218\ucd9c\ud588\ub2e4.<\/li>\n\n\n\n
  7. \uc0c1\ud638 \ube44\ub09c
    \ubbf8\uad6d\uacfc \uc911\uad6d\uc740 90\uc77c \uac04\uc758 \ubb34\uc5ed\uc804\uc7c1 \ud734\uc804\uc744 \ud569\uc758\ud588\uc9c0\ub9cc, \uc11c\ub85c \uc704\ubc18\ud55c\ub2e4\uace0 \ube44\ub09c\ud588\ub2e4.
    \ud2b8\ub7fc\ud504\ub294 \ubca0\uc774\uc9d5\uc774 \ud569\uc758\ub97c \uc644\uc804\ud788 \uc704\ubc18\ud588\ub2e4\uace0 \ube44\ub09c\ud588\uace0, \uc911\uad6d\uc740 \ubbf8\uad6d\uc774 \uc911\uad6d\uc5d0 \ub300\ud55c \ucc28\ubcc4\uc801\uc774\uace0 \uc81c\ud55c\uc801\uc778 \uc870\uce58\ub97c \ucde8\ud558\uace0 \uc788\ub2e4\uace0 \ub9de\ubc1b\uc558\ub2e4.
    \uc5ec\uae30\uc5d0 \ubbf8\uad6d \uad6d\ubc29\uc7a5\uad00 \ud53c\ud130 \ud5e4\uace0\uc138\uc2a4\ub294 \uc911\uad6d\uc774 \uc544\uc2dc\uc544 \ud328\uad8c\uad6d\uc774 \ub418\ub824\uace0 \ud55c\ub2e4\uace0 \ube44\ud310\ud588\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":8080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-8079","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\/8079","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=8079"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/8080"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}