{"id":8704,"date":"2025-07-30T19:20:39","date_gmt":"2025-07-30T22:20:39","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=8704"},"modified":"2025-07-30T19:20:40","modified_gmt":"2025-07-30T22:20:40","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-30%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=8704","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 30\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

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

    \n
  1. 7\uc6d4 \ub9cc\uae30 \ucc44\uad8c, 76% \uac31\uc2e0
    \uacbd\uc81c\ubd80\ub294 \uc774\ub2ec \ub9c8\uc9c0\ub9c9 \uc785\ucc30\uc5d0\uc11c \ucc44\uad8c\uc73c\ub85c 9\uc870 \ud398\uc18c\ub97c \uc870\ub2ec\ud574 \ub9cc\uae30\uac00 \ub3cc\uc544\uc624\ub294 11\uc870 \ud398\uc18c\uc758 76%\ub97c \uac31\uc2e0\ud588\ub2e4.
    \uc774 \uacb0\uacfc\ub294 \uc2dc\uc7a5\uc758 \uc218\uc694\ub97c \ubc18\uc601\ud558\ub294\ub370, \uc785\ucc30\uc5d0 \uc751\ud55c \uc561\uc218\ub294 \ub099\ucc30\ub41c \uc561\uc218\ubcf4\ub2e4 \ubd88\uacfc 4\ucc9c\uc5b5 \ud398\uc18c\uac00 \ub354 \ub9ce\uc558\ub2e4.
    \uc774\ubc88 \uc785\ucc30\uc740 LEFI \ud68c\uc218 \uc774\ud6c4\uc758 \uae08\uc735 \ubd88\uc548\uc73c\ub85c \uc720\ub3d9\uc131 \uad00\ub9ac\ub97c \uc704\ud55c \ub9e5\ub77d\uc5d0\uc11c \uc2e4\uc2dc\ud588\ub2e4.
    \uc7ac\ubb34\uccad\uc5d0 \ub530\ub974\uba74 \ub099\ucc30\ub41c \ucc44\uad8c\uc740 \ub300\ubd80\ubd84 LECAP\uacfc BONCAP\uc758 \ud398\uc18c\ud654 \uace0\uc815\uae08\ub9ac\uc600\uace0, \uc6d4 \uae08\ub9ac\ub294 3.51~4.28%\uc0ac\uc774\ub85c \uc5f0\uac04\uc73c\ub85c\ub294 51~65.3%\uc774\ub2e4.<\/li>\n\n\n\n
  2. \ud658\uc728\uc744 \uc704\ud55c \ub354 \ub192\uc740 \uae08\ub9ac
    \uc815\ubd80\ub294 \uc5b4\uc81c \uc785\ucc30\uc5d0\uc11c \ud658\uc728\uc758 \uac15\uc138\ub97c \ub0ae\ucd94\uae30 \uc704\ud574 \uc2dc\uc7a5\uc758 \uae08\ub9ac\ubcf4\ub2e4 15~30 bp (0.15~0.3%)\ub97c \uc9c0\ubd88\ud574\uc57c \ud588\ub2e4.
    \uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ub3c4\ub9e4\ud658\uc728\uc740 1,291 \ud398\uc18c, MEP \ud658\uc728\uc740 1,294.45 \ud398\uc18c, CCL \ud658\uc728\uc740 1,290 \ud398\uc18c\uc5d0 \ub9c8\uac10\ud588\ub2e4.
    \uc5b4\uc81c \ub099\ucc30\ub41c 9\uc870 \ud398\uc18c \uc911 6\uc870 \ud398\uc18c\ub294 30\uc77c\uc9dc\ub9ac \ucc44\uad8c\uc73c\ub85c \uc6d4 4%\uc758 \uae08\ub9ac\ub85c 6\uc6d4 \uc778\ud50c\ub808\uc774\uc158 1.6%\ub97c \ud6e8\uc52c \uc6c3\ub3cc\uc558\ub2e4.
    \ub3d9\uc2dc\uc5d0 \uc911\uc559\uc740\ud589\uc740 \uc120\ubb3c\uc2dc\uc7a5, \ud2b9\ud788 \ub9c8\uc774\ub108\uc2a4 \uae08\ub9ac\uae4c\uc9c0 \uae30\ub85d\ub41c 7\uc6d4\uc758 \ub2e8\uae30 \uacc4\uc57d\uc5d0 \ud06c\uac8c \uac1c\uc785\ud588\ub2e4.
    \ud30c\uc0dd\uc0c1\ud488 \uc2dc\uc7a5\uc5d0\uc11c \ud1b5\ud654 \uc815\ucc45\uacfc \ud1b5\uc81c \uac15\ud654\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ud658\uc728\uc740 \uacc4\uc18d\ud574\uc11c \uadfc\ubcf8\uc801\uc778 \uc0c1\uc2b9 \uc555\ubc15\uc5d0 \uc9c1\uba74\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  3. \uc8fc\uc2dd\uacfc ADR \uae09\ub4f1
    \uc815\ubd80\uc758 \ud398\uc18c\ud654 \ucc44\uad8c \uc785\ucc30 \uc0c1\ud669\uc5d0\uc11c Merval \uc9c0\uc218\ub294 \ud3c9\uade0 4.1%, \ucd5c\ub300 10%\uae4c\uc9c0 \ub6f0\uc5c8\ub2e4.
    ADR\ub3c4 \ucd5c\ub300 9.3%\ub098 \uc62c\ub790\ub2e4.
    \ub2ec\ub7ec \ucc44\uad8c\uc740 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\uace0, \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 719bp\ub97c \uae30\ub85d\ud588\ub2e4.<\/li>\n\n\n\n
  4. BID \ucc28\uad00\uc73c\ub85c \uc678\ud658\ubcf4\uc720\uc561 \uc99d\uac00
    \ubbf8\uc8fc\uac1c\ubc1c\uc740\ud589 (BID)\uc758 \ucc28\uad00\uc73c\ub85c \uc5b4\uc81c \uc678\ud658\ubcf4\uc720\uc561\uc740 \uc99d\uac00\ud588\ub2e4.
    20\uc5b5 \ub2ec\ub7ec\uac00 \ub4e4\uc5b4\uc654\uace0, \uc678\ud658\ubcf4\uc720\uc561\uc740 412\uc5b5 4100\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5c8\ub2e4.<\/li>\n\n\n\n
  5. \uc544\ub974\ud5e8\ud2f0\ub098 \ub2ec\ub7ec \ub300\ucd9c 20\ub144 \ub9cc\uc5d0 \ucd5c\uace0\uce58
    2025\ub144 \ub2ec\ub7ec \ub300\ucd9c\uc561\uc740 55%\uac00 \uc99d\uac00\ud55c 168\uc5b5 \ub2ec\ub7ec\uc5d0 \ub2ec\ud588\ub2e4.
    \uc544\uc9c1\uc740 \ud398\uc18c\ud654 \ub300\ucd9c\ubcf4\ub2e4\ub294 \ub0ae\uc740 \uc218\uc900\uc774\uc9c0\ub9cc, \uc774\ub7f0 \uc99d\uac00\ub294 \uc218\ucd9c \ubd80\ubb38\uc758 \ud65c\uc131\ud654 \ub355\ubd84\uc774\ub2e4.
    \uadf8\ub7ec\ub098 \uae08\ub9ac \ubcc0\ub3d9\uc131, \uc120\uac70, \ub192\uc740 \uc5f0\uccb4, \uacbd\uae30 \ub0c9\uac01\uc73c\ub85c \uc778\ud574 \ub454\ud654\uac00 \uc608\uc0c1\ub41c\ub2e4.<\/li>\n\n\n\n
  6. IMF \uc138\uacc4 \uacbd\uc81c \uc131\uc7a5\ub960 \uc804\ub9dd\uce58 \uc0c1\ud5a5, \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uc720\uc9c0
    \ubbf8\uad6d\uc758 \uad00\uc138 \uc815\ucc45\uc5d0 \uc758\ud574 \uc57c\uae30\ub41c \ubb34\uc5ed\uc804\uc7c1 \ubd88\ud655\uc2e4\uc131\uc73c\ub85c \uc810\ucca0\ub41c \uc0c1\ud669\uc5d0\uc11c IMF\ub294 \uc138\uacc4 \uacbd\uc81c \uc131\uc7a5\ub960\uc744 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uc740 3%\ub85c \uc870\uc815\ud588\ub2e4.
    \uc9c0\ub09c 4\uc6d4 \uc804\ub9dd\uce58\ub294 2.8%\uc600\ub2e4.
    2026\ub144\uc740 3%\uc5d0\uc11c 3.1%\ub85c \uc62c\ub838\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\uc5d0 \ub300\ud574\uc11c\ub294 IMF\uc758 \uccab\ubc88\uc9f8 \uac80\ud1a0 \ud6c4 \ucd94\uc815\uce58\ub97c \uc720\uc9c0\ud558\uae30\ub85c \ud588\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uc62c\ud574 5.5%, 2026\ub144 4.5%\ub85c \ucd94\uc815\ud588\ub2e4.
    \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5f0\uac04 18~23% \uc0ac\uc774\ub85c \uc608\uc0c1\ud55c\ub2e4.<\/li>\n\n\n\n
  7. \uc5f0\uc900, \uae08\ub9ac \uc720\uc9c0 \uc608\uc815
    \ubbf8\uad6d \uc5f0\uc900\uc740 \ud1b5\ud654\uc815\ucc45 \ud68c\uc758\uc5d0\uc11c \uae30\uc900\uae08\ub9ac\ub97c \uc720\uc9c0\ud560 \ubc29\uce68\uc774\ub2e4.
    \uc774\ub294 \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc774 \uacf5\uac1c\uc801\uc73c\ub85c \uae08\ub9ac\ub97c 1%\ub85c \uc778\ud558\ud574\uc57c \ud55c\ub2e4\uace0 \uc8fc\uc7a5\ud55c\uc9c0 \uc77c\uc8fc\uc77c\ub3c4 \ucc44 \ub418\uc9c0 \uc54a\uc544 \ub098\uc628 \uac83\uc774\ub2e4.
    \ud604\uc7ac \uae30\uc900\uae08\ub9ac\ub294 4.25~4.50%\uc774\ub2e4.
    \uc778\ud50c\ub808\uc774\uc158\uc740 \uc5f0\uac04 \ubaa9\ud45c\uce58\uc778 2%\ubcf4\ub2e4 \ub192\uace0, \ub178\ub3d9\uc2dc\uc7a5\ub3c4 \uc5ec\uc804\ud788 \ub454\ud654\ub420 \uae30\ubbf8\uac00 \uc5c6\uae30 \ub54c\ubb38\uc73c\ub85c, \uc774\ub7f0 \uc815\uce58\uc801 \uc555\ub825\uc774 \uc815\ubd80\uc640 \ud30c\uc6d4 \uc758\uc7a5 \uac04\uc758 \ubd84\uc704\uae30\ub97c \uae34\uc7a5\uc2dc\ud0a4\uace0 \uc788\ub2e4.
    IMF\ub294 \ubbf8\uad6d \uc815\ubd80\uc758 \uac04\uc12d\uc5d0 \ub300\ud574, \uc5f0\uc900\uc740 \ub3c5\ub9bd\uc131\uc774 \ud575\uc2ec\uc774\ub77c\uace0 \uacbd\uace0\ud588\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ud5a5\ud6c4 \ubc29\ud5a5\uc5d0 \ub300\ud574 \ud6c4\uc18d \uae30\uc790\ud68c\uacac\uc744 \uc8fc\uc2dc\ud558\uace0 \uc788\ub2e4.
    \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc774 \uc5f0\uc900\uc744 \uc9c0\uc18d\uc801\uc73c\ub85c \ub9f9\uacf5\ud558\uace0 \uc788\ub294 \uc0c1\ud669\uc5d0\uc11c \ub0b4\ubd80\uc758 \ubc18\ub300 \uac00\ub2a5\uc131\ub3c4 \uc788\ub2e4.
    \ubbf8\uad6d \ub300\ud1b5\ub839\uc740 \ub192\uc740 \uae08\ub9ac\uac00 \uc815\ubd80\uc758 \uc790\uae08\uc870\ub2ec \ube44\uc6a9\uc744 \ub192\uc774\uace0, \uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c\uc774 \uc788\ub294 \uac00\uacc4\uc5d0 \uc601\ud5a5\uc744 \ubbf8\uce5c\ub2e4\uace0 \uc8fc\uc7a5\ud574 \uc654\ub2e4.
    \uadf8\ub7ec\ub098 \ud30c\uc6d4 \uc758\uc7a5\uc740 \uc784\uae30\uac00 \ub05d\ub098\ub294 2026\ub144 5\uc6d4\uae4c\uc9c0 \uc5f0\uc874\uc758 \uc815\ucc45\uc744 \uace0\uc218\ud560 \uac83\uc774\ub77c\uace0 \uac70\ub4ed \ubc1d\ud614\ub2e4.
    \uc2dc\uc7a5\uc740 \uae30\uc900\uae08\ub9ac \ud558\ub77d\uc774 9\uc6d4\uc5d0 59.8%, 12\uc6d4\uc5d0\ub294 32%\uc758 \ud655\ub960\ub85c \uc778\ud558\ub420 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4\uace0 \ubcf4\uace0\uc788\ub2e4.
    \uc774\ub7f0 \uc778\ud558 \uac00\ub2a5\uc131\uc740 \ubbf8\uad6d \uacbd\uc81c\uac00 2\ubd84\uae30 0.7% \uc131\uc7a5\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n\n\n\n
  8. \ud569\uc758\ub294 \uc5c6\uc5c8\uc9c0\ub9cc \uae34\uc7a5\uc744 \ub204\uadf8\ub7ec\ub728\ub9ac\ub294 \uc81c\uc2a4\ucc98\ub294 \uc788\uc5c8\ub2e4
    \ubbf8\uad6d\uacfc \uc911\uad6d\uc740 \uc2a4\ud1a1\ud640\ub984\uc5d0\uc11c \uac00\uc9c4 \uc138\ubc88\uc9f8 \ubb34\uc5ed \ud68c\ub2f4\uc744 \ucd5c\uc885 \ud569\uc758\uc5d0 \uc774\ub974\uc9c0 \ubabb\ud558\uace0 \ub05d\ub0ac\uc9c0\ub9cc, \uc591\uad6d \ubaa8\ub450 \uad00\uc138 \uc804\uc7c1\uc744 \ud53c\ud558\ub824\ub294 \uc758\uc9c0\ub97c \ubcf4\uc600\ub2e4.
    \uc774\ubc88 \ud68c\uc758\uc5d0\uc11c \uc624\ub294 8\uc6d4 12\uc77c \ub9cc\ub8cc\ub418\ub294 \ud604\uc7ac\uc758 \uad00\uc138\uc728\uc744 \uc5f0\uc7a5\ud560 \uac00\ub2a5\uc131\uc744 \ubcf4\ub958\ud588\ub2e4.
    \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc774 90\uc77c \uc5f0\uc7a5 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \ucd5c\uc885 \uacb0\uc815\uc744 \ub0b4\ub9b4 \uac83\uc774\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":8705,"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-8704","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\/8704","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=8704"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8704\/revisions"}],"predecessor-version":[{"id":8706,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8704\/revisions\/8706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/8705"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}