{"id":8806,"date":"2025-08-08T19:22:01","date_gmt":"2025-08-08T22:22:01","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=8806"},"modified":"2025-08-08T19:22:02","modified_gmt":"2025-08-08T22:22:02","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c08%ec%9b%94-08%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=8806","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(08\uc6d4 08\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 420\uc5b5 \ub2ec\ub7ec \uc544\ub798\ub85c \uac10\uc18c
    \uc911\uc559\uc740\ud589\uc758 \uc678\ud658\ubcf4\uc720\uc561\uc740 \ubaa9\uc694\uc77c 4\uc5b5 \ub2ec\ub7ec\uac00 \uac10\uc18c\ud574 417\uc5b5 4100\ub9cc \ub2ec\ub7ec\uac00 \ub418\uc5b4 \uc8fc\uc694 \uae30\uc900\uc810\uc778 420\uc5b5 \ub2ec\ub7ec \uc774\ud558\ub97c \uae30\ub85d\ud588\ub2e4.
    \ub2f9\uad6d\uc740 \uac10\uc18c \uc6d0\uc778\uc5d0 \ub300\ud55c \uc138\ubd80\uc0ac\ud56d\uc740 \ubc1d\ud788\uc9c0 \uc54a\uc558\ub2e4.
    \uc678\ud658\ubcf4\uc720\uc561\uc740 \uc9c0\ub09c 3\uc77c \ub3d9\uc548 12\uc5b5 8200\ub9cc \ub2ec\ub7ec\uac00 \uac10\uc18c\ud588\ub294\ub370, \uc774\ub294 IMF\uc5d0 \ub300\ud55c \uc774\uc790 \uc9c0\ubd88\uacfc \ubcf4\uc720 \uc790\uc0b0 \uac00\uce58 \ud558\ub77d \uc601\ud5a5 \ub54c\ubb38\uc774\uc5c8\ub2e4.
    \uc774\ub7f0 \uac10\uc18c\ub294 \ucd5c\uadfc IMF\ub85c\ubd80\ud130 \ubc1b\uc740 20\uc5b5 \ub2ec\ub7ec \ucc28\uad00\uc758 65%\uc5d0 \ub2ec\ud55c\ub2e4.<\/li>\n\n\n\n
  2. \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc2dc 7\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218 2.5% \uc0c1\uc2b9
    \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4\uc2dc\uc758 7\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218\ub294 2.5% \uc0c1\uc2b9\uc744 \uae30\ub85d\ud574, \ub450 \ub2ec \uc5f0\uc18d \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\ub2e4.
    \uc778\ud50c\ub808\uc774\uc158\uc740 \uc8fc\ub85c \uad00\uad11 \uc11c\ube44\uc2a4\uc640 \uacc4\uc808 \uc0c1\ud488\uc774 \ud3c9\uade0 9%\ub85c \ub192\uc558\ub2e4.
    \ub530\ub77c\uc11c \uc62c\ud574 \ud604\uc7ac\uae4c\uc9c0 \uc778\ud50c\ub808\uc774\uc158\uc740 18.1%, \uc804\ub144 \ub300\ube44 40.9%\uac00 \ub418\uc5c8\ub2e4.
    \uaca8\uc6b8 \ubc29\ud559\uc758 \uc601\ud5a5\uc73c\ub85c \ud638\ud154\uacfc \uc5ec\ud589 \ud328\ud0a4\uc9c0\ub3c4 \ub9ce\uc774 \uc62c\ub790\ub2e4.<\/li>\n\n\n\n
  3. \ub2ec\ub7ec \ud658\uc728 \uacc4\uc18d \ud558\ub77d
    \ub3c4\ub9e4\ud658\uc728\uc740 ‘\uc288\ud37c \uae08\ub9ac’\uac00 \uc9c0\uc18d\ub418\uace0 \uc788\ub294 \uc0c1\ud669\uc5d0\uc11c \uc9c0\uc18d\uc801\uc778 \ud558\ub77d\uc744 \ubcf4\uc774\uba74\uc11c 1,325.50 \ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4.
    \uc9c0\ub09c 5\uac70\ub798\uc77c \ub3d9\uc548 47.50 \ud398\uc18c\ub098 \ud558\ub77d\ud588\ub2e4.
    MEP \ud658\uc728\uc740 1,327.80 \ud398\uc18c,
    CCL \ud658\uc728\uc740 1,334.66 \ud398\uc18c\ub85c \ub05d\ub0ac\ub2e4.
    \uc120\ubb3c\ud658\uc728\uc740 \ub300\ubd80\ubd84 11\uc6d4 \uc774\ud6c4\uc758 \uacc4\uc57d\uc774 \uac70\ub798\ub418\uc5c8\uace0, 8\uc6d4\uc740 1,360.50 \ud398\uc18c, 12\uc6d4\uc740 1,501.50 \ud398\uc18c\ub85c \uac70\ub798\ub410\ub2e4.<\/li>\n\n\n\n
  4. \uc911\uc559\uc740\ud589, \ub2f9\uc88c\uacc4\uc88c\uc758 \uc804\uc790 \ub2ec\ub7ec \uc218\ud45c \uc6b4\uc6a9 \uc7ac\uac1c \ud5c8\ub77d
    \uc911\uc559\uc740\ud589\uc740 20\ub144 \uc774\uc0c1 \ud5c8\ub77d\ud558\uc9c0 \uc54a\uc558\ub358, \ub2f9\uc88c\uacc4\uc88c\uc758 \uc804\uc790 \ub2ec\ub7ec \uc218\ud45c \ubc1c\ud589\uc744 \ud5c8\uc6a9\ud588\ub2e4.
    \uc774\ubc88 \uc870\uce58\ub294 \ub2ec\ub7ec \uacb0\uc81c \uc218\ub2e8\uc744 \ud655\ub300\ud558\uae30 \uc704\ud55c \uac83\uc73c\ub85c,
    \ud1b5\ud654 \uac04\uc758 \uacbd\uc7c1\uacfc \uc911\uc18c\uae30\uc5c5 \uc790\uae08\uc870\ub2ec\uc744 \uc704\ud55c \uac83\uc774\ub2e4.
    \uac1c\uc778\uacfc \ubc95\uc778 \ubaa8\ub450 \uc774\uc6a9\ud560 \uc218 \uc788\uc73c\uba70, \uc740\ud589 \uc2dc\uc2a4\ud15c\uc5d0 \ub300\ud55c \uc870\uc815\uc774 \ud544\uc694\ud558\ub2e4.
    \uc740\ud589\uc740 12\uc6d4 1\uc77c\uae4c\uc9c0 \uc2dc\uc2a4\ud15c\uc744 \uc0ac\uc6a9\ud560\uc218 \uc788\ub3c4\ub85d \ud574\uc57c\ud55c\ub2e4.
    \ub2ec\ub7ec \uc218\ud45c\ub294 \uc804\uc790 \ud615\ud0dc\ub85c\ub9cc \ubc1c\ud589\ub418\uba70, \ud604\ud589\uc758 \uc678\ud658 \uaddc\uc815\uc5d0 \uc788\ub294 \uc0ac\ud56d\uc744 \uc801\uc6a9\ubc1b\uac8c \ub41c\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc774 \uc870\uce58\uac00 \uc1a1\uae08, \uac80\uc99d, \uad00\ub9ac \ube44\uc6a9\uc744 \uc904\uc774\ub294 \uc5ed\ud65c\ub85c \uc6d0\uaca9 \ubc0f \uc804\uc790 \uc791\uc5c5 \uc218\ud589\uc774 \uac00\ub2a5\ud558\uac8c \ud568\uc73c\ub85c\uc368 \uc911\uc18c\uae30\uc5c5\uc758 \ub300\ucd9c \uc811\uadfc\uc131\uc744 \ud5a5\uc0c1\uc2dc\ud0ac \uc218 \uc788\ub2e4\uace0 \uac15\uc870\ud588\ub2e4.<\/li>\n\n\n\n
  5. \uc8fc\uc2dd\uacfc ADR \uae09\ub77d
    \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc99d\uad8c\uc2dc\uc7a5\uc740 \ubaa9\uc694\uc77c Merval \uc9c0\uc218\uac00 \ud398\uc18c\ub85c 2.7%, \ub2ec\ub7ec\ub85c 2.6% \uac01\uac01 \ud558\ub77d\ud588\ub2e4.
    \uc8fc\uac00 \ud558\ub77d\uc740 \uae08\ub9ac\uac00 \ub192\uc740 \uc0c1\ud669\uc5d0\uc11c \ubc1c\uc0dd\ud588\ub294\ub370, \uc774\ub294 \ud558\uc6d0\uc5d0\uc11c \ub300\ud559 \uc790\uae08\uc870\ub2ec \ubc95\uacfc \uc18c\uc544 \uac74\uac15 \ube44\uc0c1\uc0ac\ud0dc\uc5d0 \ub300\ud55c \uacb0\uc758\uc548\uc73c\ub85c, \uc815\ubd80\uac00 \uc81c\uc7ac\ub97c \ubc1b\ub294 \uc815\uce58\uc801 \uc0c1\ud669 \uac00\uc6b4\ub370 \uc77c\uc5b4\ub0ac\ub2e4.
    \uc8fc\uc694 \uc885\ubaa9\uc758 \ub099\ud3ed\uc740 7.7%\uc5d0 \ub2ec\ud588\ub2e4.
    \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc758 ADR\ub3c4 \ucd5c\ub300 6.8%\uae4c\uc9c0 \ud558\ub77d\ud588\uace0, \ub300\ubd80\ubd84\uc758 \uc8fc\uc2dd\ub3c4 \ub5a8\uc5b4\uc84c\ub2e4.
    \ub2ec\ub7ec \ucc44\uad8c\uc740 \uad6d\ub0b4\uc2dc\uc7a5\uc5d0\uc11c \uc57d\uac04 \uc62c\ub790\uace0, \uad6d\uac00\uc704\ud5d8\ub3c4\ub294 1.08% \ud558\ub77d\ud55c 735bp\ub97c \uae30\ub85d\ud588\ub2e4.<\/li>\n\n\n\n
  6. \uc0c1\ubc18\uae30 \uc0b0\uc5c5\ud65c\ub3d9\uc740 \ubd80\uc9c4\ud55c \ubc18\uba74 \uac74\uc124\uc5c5\uc740 \ud68c\ubcf5 \uc870\uc9d0
    \uad6d\ub9bd\ud1b5\uacc4\uccad (INDEC)\uc774 \ubaa9\uc694\uc77c \ubc1c\ud45c\ud55c \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 \uc62c\ud574 \uc0c1\ubc18\uae30 \uc81c\uc870\uc5c5\uc740 \ud558\ub77d\ud574, 6\uc6d4\uc774 5\uc6d4\ubcf4\ub2e4 1.2% \ub5a8\uc5b4\uc84c\uace0, 3\uc6d4\ubcf4\ub2e4\ub294 0.9%\uac00 \ub192\uc740 116.9 \ud3ec\uc778\ud2b8\ub85c \ubcf4\ud1b5\uc758 \uc218\uc900\uc73c\ub85c \ub3cc\uc544\uc654\ub2e4.
    \uc804\ub144 \ub300\ube44 \ube44\uad50\ub294, 2024\ub144 \ubd88\ud669\uc758 \uacb0\uacfc\ub85c 9.3% \uc131\uc7a5\uc744 \ubcf4\uc5ec\uc92c\ub2e4.
    \uc0c1\ubc18\uae30 \uc0b0\uc5c5 \uc0dd\uc0b0\uc740 \uc804\ub144 \ub3d9\uae30 \ub300\ube44 7.1% \uc131\uc7a5\ud588\ub2e4.
    6\uc6d4\uc758 \uac74\uc124 \ubd80\ubb38\uc740 \ud68c\ubcf5 \uc870\uc9d0\uc744 \ubcf4\uc774\uba74\uc11c \uc6d4 0.9%, \uc804\ub144 \ub300\ube44 13.9%\ub098 \uc131\uc7a5\ud588\ub2e4.
    \uc0c1\ubc18\uae30\ub9cc \ubcf4\uba74 \uc804\ub144 \ub300\ube44 10.8%\uc758 \uc131\uc7a5\uc138\ub97c \ubcf4\uc600\ub2e4.
    \uadf8\ub7ec\ub098 5\uc6d4\ubcf4\ub2e4\ub294 0.8% \ud558\ub77d\ud574, \uafb8\uc900\ud55c \ud68c\ubcf5\uc138\uac00 \uc9c0\uc18d\ub418\uc9c0 \uc54a\uace0 \uc788\uc74c\uc744 \ub098\ud0c0\ub0c8\ub2e4.<\/li>\n\n\n\n
  7. \uc815\ubd80 \uc815\ucc45 \ubaa8\ub378 \ubcc0\ud654 \uac70\ubd80
    \uc815\ubd80\ub294 10\uc6d4 \uc120\uac70 \uc774\ud6c4 \ud658\uc728 \ubc34\ub4dc \uc81c\ub3c4\uc5d0 \ub300\ud55c \ubcc0\ud654\uac00 \uc5c6\uc744 \uac83\uc774\ub77c\uace0 \ud655\uc778\ud558\uba74\uc11c, \uc120\uac70 \uc6b4\ub3d9 \uc911\uc5d0 \ubd88\uac70\uc9c4 \uc18c\ubb38\uc744 \ubd80\uc778\ud588\ub2e4.
    \uc774\ubc88 \ud574\uba85\uc740 \ud658\uc728\uc774 1,400 \ud398\uc18c \uac00\uae4c\uc774\uc5d0\uc11c \ud558\ub77d\uc744 \uc2dc\uc791\ud55c \uc77c\uc8fc\uc77c \ud6c4\uc5d0 \ub098\uc628 \uac83\uc774\ub2e4.
    \uae4c\ubfcc\ub610 \uacbd\uc81c\uc7a5\uad00\uc740 \ud604 \uc815\uad8c\uc758 \uacbd\uc81c \uc815\ucc45 \ud6a8\uacfc\ub97c \uc785\uc99d\ud588\uc73c\uba70, \uc120\uac70 \ud6c4\uc5d0\ub3c4 \uc544\ubb34\ub7f0 \uc815\ucc45 \ubcc0\ud654\uac00 \uc5c6\uc744 \uac83\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4.
    \ubc14\uc6b0\uc2e4\ub9ac \uc911\uc559\uc740\ud589\uc7a5\ub3c4 \ub113\uc740 \ubc34\ub4dc\uc81c\uac00 \ud658\uc728 \ubcc0\ub3d9\uc131\uc744 \uc77c\uc73c\ud0a4\uc9c0 \uc54a\uc73c\uba74\uc11c \uc790\uc720\ud658\uc728\uc81c\ub3c4\ub85c \uc810\uc9c4\uc801\uc778 \uc804\ud658\uc744 \ud5c8\uc6a9\ud55c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.
    \ub610 \uc810\ucc28 \uba40\uc5b4\uc838\uc11c \ubb34\uc758\ubbf8\ud574\uc9c0\uace0, \uc2dc\uc7a5\uc758 \uae09\uaca9\ud55c \ubc18\uc751\uc744 \ud53c\ud558\uace0 \uae08\uc735 \uc548\uc815\uc744 \uc720\uc9c0\ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud558\uace0\uc788\ub2e4\uace0 \uac15\uc870\ud588\ub2e4.<\/li>\n\n\n\n
  8. \ucc44\ubb34 \uc870\uc815
    \uc5d0\ub354\ub178\ub974 (Edenor) \uc804\uae30\ud68c\uc0ac\ub294 \uc5b4\uc81c \ub9cc\uae30\uac00 \ub41c 8\ucc9c\ub9cc \ub2ec\ub7ec\uc758 \ucc44\ubb34\ub97c \uc5f0\uac04 8.5% \uc774\uc790\ub85c \uc870\uc815\ud558\ub294\ub370 \uc131\uacf5\ud588\ub2e4.
    \ub610 200\uc5b5 \ud398\uc18c \ucc44\uad8c\uc744 TAMAR (\uc740\ud589 \uace0\uc561 \uc608\uae08 \uc774\uc790)\uc5d0 6%\ub97c \ub354\ud55c \uae08\ub9ac\ub85c \ubc1c\ud589\ud588\ub2e4.
    \ud55c\ud3b8 YPF\ub294 2\ubd84\uae30 5800\ub9cc \ub2ec\ub7ec\uc758 \uc21c\uc774\uc775\uc744 \uae30\ub85d\ud588\ub2e4.
    \ud604\uc7ac \ubc14\uae4c \ubb34\uc5d0\ub974\ub530\uc758 \uc0dd\uc0b0\ub7c9\uc740 \ud558\ub8e8 \ud3c9\uade0 145,000 \ubc30\ub7f4\ub85c 1\ub144 \uc804\ubcf4\ub2e4 28% \uc99d\uac00\ud588\ub2e4.
    \ud68c\uc0ac \uc804\uccb4\uc5d0\uc11c \uc11d\uc720 \ubd80\ubd84\uc740 59%\uc758 \ube44\uc911\uc744 \ucc28\uc9c0\ud558\uace0 \uc788\ub2e4.<\/li>\n\n\n\n
  9. \uad6d\uc81c\uc2dc\uc7a5
    \ubbf8\uad6d \uc5f0\uc900\uc774 \uc5f0\uc911 \uae08\ub9ac\uc778\ud558\ub97c \uc2dc\ud589\ud560 \uc218 \uc788\ub2e4\ub294 \uae30\ub300\uac10\uc5d0 \uc138\uacc4 \uc8fc\uc694 \uc99d\uc2dc\ub294 \uc624\ub298 \uc0c1\uc2b9\uc138\ub85c \uc6c0\uc9c1\uc774\uace0 \uc788\ub2e4.
    \uae08 \uc120\ubb3c\uac00\uaca9\uc740, \ubbf8\uad6d\uc774 \uc774\ubbf8 \ub192\uc740 \uad00\uc138\ub97c \ubd80\uacfc\ud55c \uc2a4\uc704\uc2a4\uc5d0\uc11c \ub300\ubd80\ubd84 \uc218\uc785\ub418\ub294 \uae08\uad34\uc5d0\ub3c4 \ub354 \ub192\uc740 \uad00\uc138\ub97c \ubd80\uacfc\ud560 \uac83\uc774\ub77c\ub294 \uc0ac\uc2e4\uc774 \uc54c\ub824\uc9c4 \ud6c4 \uc624\ub978 \uac00\uaca9\uc5d0 \uac70\ub798\ub418\uace0 \uc788\ub2e4.
    \uc720\ub7fd\uc5d0\uc11c\ub294 \uae30\uc5c5\ub4e4\uc758 \uac15\ud55c \uc2e4\uc801 \ub300\ucc28\ub300\uc870\ud45c\uc5d0 \ud798\uc785\uc5b4 \uc57d\uac04 \uc624\ub984\uc138\ub97c \ubcf4\uc600\uace0, \ubaa9\uc694\uc77c\ubd80\ud130 \uc2dc\ud589\ub418\uace0 \uc788\ub294 \ubbf8\uad6d\uc758 \ub300 \uc720\ub7fd 15% \uad00\uc138\uac00 \ud611\uc0c1 \ub418\uae30\ub97c \ud76c\ub9dd\ud558\uace0 \uc788\ub2e4.<\/li>\n<\/ol>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":8807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-8806","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\/8806","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=8806"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/8807"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}