{"id":8665,"date":"2025-07-24T19:07:27","date_gmt":"2025-07-24T22:07:27","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=8665"},"modified":"2025-07-24T19:07:28","modified_gmt":"2025-07-24T22:07:28","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-24%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=8665","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 24\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/07\/download-13.jpg\" alt=\"\" class=\"wp-image-8666\" style=\"width:327px;height:auto\" \/><\/figure>\n\n\n\n<p>\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\ub192\uc740 \uc774\uc728\uacfc \ubbf8\uc2dc\uacbd\uc81c<br>\uae08\ub9ac\uac00 \uc5b4\uc81c \ub6f0\uc5c8\ub2e4.<br>\uc5f0 41%\uc5d0\uc11c \ubc14\ub85c \uc5f0 \ud3c9\uade0 55%\ub85c \uc218\uc9c1\uc0c1\uc2b9\ud588\ub2e4.<br>\uacbd\uc81c\uc5d0\uc11c \uc774 \uc815\ub3c4\uc758 \uc774\uc728\ub85c \uc720\uc9c0\ud560 \ubd80\ubb38\uc740 \uc5c6\ub2e4.<br>\ud2b9\ud788 \uc778\ud50c\ub808\uc774\uc158\uc774 \uc774\uc728\uc758 \uc808\ubc18 \uc815\ub3c4\uc5d0\uc11c\ub294 \ub354\uc6b1 \uadf8\ub807\ub2e4.<br>\uc774\ub7f0 \uc774\uc728\uc740 \uc18c\ube44\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uace0, \uc5f0\uccb4\uac00 \uc99d\uac00\ud558\ubbc0\ub85c \ud310\ub9e4\uc5d0\ub3c4 \uc8fc\uc758\ud574\uc57c \ud558\uba70, \uac70\ub798\ucc98\uc5d0 \ub300\ud55c \uc2e0\uc6a9\ub3c4 \uc870\uc0ac\ud574\uc57c \ud574 \ube44\uc6a9\uc740 \ub354 \ub192\uc544\uc9c4\ub2e4.<\/li>\n\n\n\n<li>\ub192\uc740 \uc774\uc728\uacfc \uae30\ud68c<br>\uae08\ub9ac\ub294 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uace0, \ud654\uc694\uc77c \uc218\uc900\uc5d0\uc11c \uac70\ub798\ub410\uace0 \ub05d\ub0ac\ub2e4.<br>\ud658\uc728\ub3c4 \ube44\uc2b7\ud558\uac8c \uc911\uc559\uc740\ud589\uc740 1,264 \ud398\uc18c\uc5d0\uc11c \ub9e4\uc218\ub97c \uc774\uc5b4\uac14\ub2e4.<br>\uae08\ub9ac\uc758 \ubcc0\ub3d9\uc131\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc740\ud589\ub4e4\uc740 \uc218\uc775 \uc2e4\ud604\uc744 \uc704\ud574 \ub2ec\ub7ec\ub97c \ub9e4\ub3c4\ud588\uace0 (\ud658\uc728\uc774 \ub9ce\uc774 \uc624\ub97c \uac83\uc774\ub77c\uace0 \uc0dd\uac01\ud558\uc9c0 \uc54a\uc544), \uc911\uc559\uc740\ud589\uc740 \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\uae30 \uc704\ud574 \ub9e4\uc785\ud588\uc73c\uba70, \uc120\ubb3c\ud658\uc728\ub3c4 \ub5a8\uc5b4\uc84c\ub2e4.<br>\ubcc0\ub3d9\uc131\uc740 \uc788\uaca0\uc9c0\ub9cc \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \ud658\uc728\uc774 1,300 \ud398\uc18c \uc774\uc0c1\uc73c\ub85c \uc62c\ub77c\uac00\uc9c0 \uc54a\uc744 \uac83\uc774\uace0, \uc774\ub2ec \ub9d0\uae4c\uc9c0 LECAP \ucc44\uad8c\uc758 \ub2e4\uc74c \uc785\ucc30 \ub54c\uae4c\uc9c0 \uae08\ub9ac\uac00 \ubcc0\ub3d9\ud558\ub294 \uac83\uc744 \ubcfc\uc218\uc788\uc744 \uac83\uc774\ub2e4.<\/li>\n\n\n\n<li>\uad6d\uac00\uc704\ud5d8\ub3c4 \uc0c1\uc2b9, \uc8fc\uac00 \uc0c1\uc2b9, \ucc44\uad8c \ud558\ub77d<br>\uad6d\uac00\uc704\ud5d8\ub3c4\ub294 \uc5b4\uc81c \ub300\ud1b5\ub839\uc758 \uc5f0\uae08\uacfc \uc7a5\uc560\uc778 \ubc95\uc548\uc5d0 \ub300\ud55c \uac70\ubd80\uad8c \ud589\uc0ac \ubd88\ud655\uc2e4\uc131\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4. (\ucc44\uad8c \ud558\ub77d)<br>\uad6d\ub0b4\uc5d0\uc11c \ub2ec\ub7ec \ucc44\uad8c\uc740 0.35% \ud558\ub77d\ud588\uc9c0\ub9cc, \uae00\ub85c\ubc8c \uc2dc\uc7a5\uc5d0\uc11c\ub294 \uc57d\uac04 \uc0c1\uc2b9\ud588\ub2e4.<br>\uc8fc\uc2dd\uc740 4\uc6d4 \ubc14\ub2e5\uc744 \ucc0d\uc740 \ud6c4, \ud22c\uc790\uc790\ub4e4\uc774 \uacc4\uc18d \uc0ac\ub4e4\uc774\uace0 \uc788\ub2e4.<br>\ud658\uc728\uc740 \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00\ub97c \uc704\ud55c \ub9e4\uc785\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4.<br>\uc911\uc559\uc740\ud589\uc740 \ucc44\ubb34 \uc9c0\ubd88\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \ubc34\ub4dc \ub0b4\uc5d0\uc11c \ub2ec\ub7ec \ub9e4\uc785\uc744 \uba48\ucd94\uc9c0 \uc54a\uc544 6\uc6d4 \ub9d0 \uc218\uc900 \uc774\uc0c1\uc73c\ub85c \uc678\ud658\ubcf4\uc720\uc561\uc744 \uc720\uc9c0\ud588\ub2e4.<br>\uc120\uac70\uc5d0\uc11c\ub294 \uc9c0\ub09c 30\uc77c\uac04\uc758 \ubaa8\ub4e0 \uc5ec\ub860\uc870\uc0ac\uc5d0\uc11c \uc9d1\uad8c\ub2f9\uc778 \uc790\uc720\uc804\uc9c4\ub2f9\uc774 \uc2b9\ub9ac\ud558\ub294 \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\ub2e4.<br>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc8fc\uc5d0 \ub300\ud55c \uac83\uc774 \uc544\ub2c8\ub77c, 10\uc6d4\uc758 \uc804\uad6d \uc120\uac70 \uc774\uc57c\uae30\uc774\ub2e4.<\/li>\n\n\n\n<li>\uc678\ud658\ubcf4\uc720\uc561 \uac10\uc18c<br>\uc678\ud658\ubcf4\uc720\uc561\uc740 \uc5b4\uc81c 2\uc5b5 2\ucc9c\ub9cc \ub2ec\ub7ec\uac00 \uac10\uc18c\ud55c 403\uc5b5 5600\ub9cc \ub2ec\ub7ec\ub85c \ub9c8\uac10\ud588\ub2e4.<br>\ub3c4\ub9e4\ud658\uc728\uc740 1,258.50 \ud398\uc18c, MEP \ud658\uc728\uc7401,264.65 \ud398\uc18c, CCL \ud658\uc728\uc740 1,266.99 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4.<br>\uc911\uc559\uc740\ud589\uc758 \uac15\ub825\ud55c \uac1c\uc785\uc73c\ub85c \uc120\ubb3c\ud658\uc728\uc740 7\uc6d4 \ub9d0 1,266.50 \ud398\uc18c, \uc5f0\ub9d0\uc740 1,458 \ud398\uc18c\uac00 \ub418\uc5c8\ub2e4.<\/li>\n\n\n\n<li>\ub18d\uc5c5\uacc4\uc758 \uae30\ub300<br>\ubc00\ub808\uc774 \ub300\ud1b5\ub839\uc740 \ud1a0\uc694\uc77c\uc5d0 \ube68\ub808\ub974\ubaa8\uc5d0\uc11c \uc5f4\ub9ac\ub294 \ub18d\ucd95\uc0b0\uc804\uc2dc\ud68c\ub97c \ubc29\ubb38\ud560 \uc608\uc815\uc774\uba70, \uadf8 \uc790\ub9ac\uc5d0\uc11c \ub18d\uc5c5 \ubd84\uc57c\uc5d0 \ub3c4\uc6c0\uc774 \ub418\ub294 \uc870\uce58\ub97c \ubc1c\ud45c\ud560 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4.<br>\uc790\uc138\ud55c \ub0b4\uc6a9\uc740 \uc54c\ub824\uc9c0\uc9c0 \uc54a\uc558\uc9c0\ub9cc, \uacfc\ub3c4\uae30\uc801 \uc870\uce58\uac00 \uc544\ub2cc \ucd5c\uc885 \uc870\uce58\uac00 \ub420\uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4.<br>\uc774 \ubc1c\ud45c\ub294 \uc815\ubd80\uc640 \uae34\uc7a5\ub41c \uad00\uacc4\ub97c \uc720\uc9c0\ud558\uace0 \uc788\ub294 \uc77c\ubd80 \uc8fc\uc9c0\uc0ac\ub4e4\uc5d0\uac8c\ub3c4 \uc798 \ubc1b\uc544\ub4e4\uc5ec\uc9c8 \uac83\uc774\ub2e4.<br>\uc774\ub294 \ub18d\uc5c5 \ubd80\ubb38 \uc778\uc13c\ud2f0\ube0c\uac00 \uac01 \uc9c0\ubc29\uc758 \uc9c0\uc5ed \uacbd\uc81c\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce58\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n\n\n\n<li>\uc2dc\uc7a5, \uac15\ub825\ud55c \ubc18\ub4f1<br>\uc2dc\uc7a5\uc740 \uba70\uce60\uac04\uc758 \ud558\ub77d\uacfc \ubcc0\ub3d9\uc131 \uc774\ud6c4, \uc5b4\uc81c \uae09\uaca9\ud55c \uc0c1\uc2b9\uc744 \ubcf4\uc600\ub2e4.<br>ADR\uc740 \uce68\ub300 6%, Merval \uc9c0\uc218\ub294 \ud398\uc18c\ub85c 3.6%, \ub2ec\ub7ec\ub85c 2.9% \uc0c1\uc2b9\ud588\uace0, \uc77c\ubd80 \uc885\ubaa9\uc740 6.2%\uae4c\uc9c0 \ub6f0\uc5c8\ub2e4.<br>\uc774\uc5d0 \ubc18\ud574 \uace0\uc815\uae08\ub9ac \ucc44\uad8c\uc740 \ub300\ubd80\ubd84 \ud558\ub77d\ud588\ub2e4.<br>\uad6d\uac00\uc704\ud5d8\ub3c4\ub294 12bp\uac00 \uc0c1\uc2b9\ud55c 775bp\ub97c \uae30\ub85d\ud588\ub2e4.<\/li>\n\n\n\n<li>\ubbf8\uad6d\uacfc EU 15% \uad00\uc138 \uac70\uc758 \ud569\uc758<br>\ubbf8\uad6d\uacfc \uc720\ub7fd\uc5f0\ud569\uc740 \ucd5c\uadfc \uc77c\ubcf8\uc774 \ud569\uc758\ud55c 15% \uad00\uc138\uc5d0 \uac70\uc758 \ud569\uc758\ud588\ub2e4.<br>\uc774\ubbf8 \uc77c\ubcf8, \ud544\ub9ac\ud540, \uc601\uad6d, \ubca0\ud2b8\ub0a8, \uc778\ub3c4\ub124\uc2dc\uc544\ub294 \uad00\uc138 \ud569\uc758\ub97c \ub05d\ub0c8\ub2e4.<br>\uc77c\ubcf8\uc758 \uacbd\uc6b0 \uc790\ub3d9\ucc28 \uad00\uc138\uac00 25%\uc5d0\uc11c 15%\ub85c \ub5a8\uc5b4\uc838, \ud1a0\uc694\ud0c0\uc640 \ubbf8\uc4f0\ube44\uc2dc \uc8fc\uac00\uac00 \ucd5c\ub300 14%\uae4c\uc9c0 \ud3ed\ub4f1\ud588\ub2e4.<\/li>\n\n\n\n<li>\ubb34\ub514\uc2a4 \uc2e0\uc6a9\ud3c9\uac00\uc0ac, \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 8\uac1c \ub4f1\uae09 \uc0c1\ud5a5<br>\ubb34\ub514\uc2a4\ub294 \uc544\ub974\ud5e8\ud2f0\ub098 \uad6d\uac00 \uc2e0\uc6a9\ub4f1\uae09\uc744 \uc0c1\ud5a5\ud55c \ud6c4, \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uc8fc\uc694 8\uac1c \uae30\uc5c5 \uc2e0\uc6a9\ub4f1\uae09\ub3c4 \uc0c1\ud5a5\ud588\ub2e4.<br>8\uac1c \ud68c\uc0ac\ub294 YPF, Arcor, Pan Am\u00e9rican Energy, Tecpetrol, T\u00e9l\u00e9com Argentina, Vista, Pluspetrol, Raghsa\ub85c \uc5d0\ub108\uc9c0, \uc2dd\ud488, \ud1b5\uc2e0, \ubd80\ub3d9\uc0b0 \ud68c\uc0ac\ub4e4\uc774\ub2e4.<\/li>\n\n\n\n<li>YPF \ub18d\uc5c5 \ubd80\uc11c \ubd80\ubd84\uc801\uc778 \uc591\ub3c4 \uc900\ube44<br>\ub9c8\ub9b0 YPF \ud68c\uc7a5\uc740 \ube68\ub808\ub974\ubaa8\uc5d0\uc11c \uc5f4\ub9b0 \ub18d\ucd95\uc0b0\uc804\uc2dc\ud68c\uc5d0\uc11c YPF \ub18d\uc5c5 \ubd80\ubd84\uc758 \ubd80\ubd84\uc801 \uc591\ub3c4\ub97c \uc704\ud55c \uc785\ucc30\uc744 \uc2e4\uc2dc\ud560 \uac83\uc774\ub77c\uace0 \ubc1c\ud45c\ud588\ub2e4.<br>\ubaa9\ud45c\ub294 \uc790\ubcf8\uacfc \uc6b4\uc601\uc758 50%\ub97c \ud30c\ud2b8\ub108\uc5d0\uac8c \uc774\uc804\ud558\ub294 \uac83\uc774\ub2e4.<br>\uad6d\uc601 \uc11d\uc720\ud68c\uc0ac\ub294 \ud575\uc2ec \uc0ac\uc5c5\uc778 \uc11d\uc720 \ud0d0\uc0ac, \uc0dd\uc0b0, \ud310\ub9e4\uc5d0 \uc9d1\uc911\ud558\uace0 \ub18d\uc5c5 \ubd80\ubd84 \uad00\ub9ac\ub294 \ud30c\ud2b8\ub108 \ud68c\uc0ac\uc5d0 \ub118\uae30\ub824 \ud55c\ub2e4.<br>\uc774 \uacb0\uc815\uc740 \uc774\uc0ac\ud68c \uc2b9\uc778\uc744 \ubc1b\uc544\uc57c \ud558\uba70, \ud6a8\uc728\uc131\uacfc \uc218\uc775\uc131 \ud5a5\uc0c1\uc744 \uc704\ud55c \uc804\ub7b5\uc774\ub2e4.<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":8666,"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-8665","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\/8665","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=8665"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8665\/revisions"}],"predecessor-version":[{"id":8667,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8665\/revisions\/8667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/8666"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}