{"id":9203,"date":"2025-09-01T09:24:31","date_gmt":"2025-09-01T12:24:31","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=9203"},"modified":"2025-09-01T09:24:38","modified_gmt":"2025-09-01T12:24:38","slug":"%ec%a0%95%ec%b9%98-%ea%b2%bd%ec%a0%9c-%ec%86%8c%ec%8b%9d-%ec%a7%80%eb%82%9c-%ec%a3%bc%ec%97%90-%ec%9d%bc%ec%96%b4%eb%82%9c-%ec%a0%95%ec%b9%98-%ea%b2%bd%ec%a0%9c-%ec%a3%bc%ec%9a%94-%ec%82%ac","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=9203","title":{"rendered":"[\uc815\uce58, \uacbd\uc81c \uc18c\uc2dd]  \uc9c0\ub09c \uc8fc\uc5d0 \uc77c\uc5b4\ub09c \uc815\uce58 \uacbd\uc81c \uc8fc\uc694 \uc0ac\ud56d"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"992\" height=\"558\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/09\/VGLQZQ46BRHGBN754T4P3VNUOI.avif\" alt=\"\" class=\"wp-image-9205\" style=\"width:432px;height:auto\" srcset=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/09\/VGLQZQ46BRHGBN754T4P3VNUOI.avif 992w, https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/09\/VGLQZQ46BRHGBN754T4P3VNUOI-300x169.avif 300w, https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/09\/VGLQZQ46BRHGBN754T4P3VNUOI-768x432.avif 768w\" sizes=\"(max-width: 992px) 100vw, 992px\" \/><\/figure>\n\n\n\n<p>\uc815\ubd80\ub294 \uc7ac\uc815 \ucda9\uaca9 \uc5c6\uc774 \uc120\uac70\uae4c\uc9c0 \uad00\ub9ac\ub97c \uc704\ud55c \ub450 \ub2ec\uac04\uc758 &#8216;\ubbf8\ub2c8 \uacc4\ud68d&#8217;\uc744 \ubc1c\ud45c\ud588\ub2e4.<br>*\uc624\ub294 10\uc6d4 \ub9d0\uae4c\uc9c0 \ud398\uc18c \ucc44\uad8c \ub9cc\uae30\ub85c GDP\uc758 \uac70\uc758 3%\uc5d0 \ud574\ub2f9\ud558\ub294 \uc57d 21\uc870 \ud398\uc18c\ub97c \uc0c1\ud658\ud574\uc57c \ud55c\ub2e4.<br>*\uc740\ud589 \uc9c0\uae09\uc900\ube44\uc728 : \uc911\uc559\uc740\ud589\uc740 \uc774\ubbf8 \uc740\ud589\uc774 \uc313\uc544\uc57c \ud560 \uc9c0\uae09\uc900\ube44\uc728\uc744 \ub9ce\uc774 \uc62c\ub838\uace0, \ucd5c\ub300 10% \ub354 \ub298\ub9b4 \uc218 \uc788\ub2e4. \uc774\ub294 \ud398\uc18c \uc720\ud1b5\ub7c9\uc744 \uc904\uc774\uace0, \uc740\ud589\ub4e4\uc774 \ubc18\uac15\uc81c\uc801\uc73c\ub85c \uc7ac\ubb34\uccad\uc5d0 \uc790\uae08\uc744 \uc9c0\uc6d0\ud558\ub3c4\ub85d \ud558\ub294 \uc870\uce58\uc774\ub2e4.<br>*\ud398\uc18c \ubd80\ucc44 : \ub9e4\uc6b0 \ub192\uc740 \uae08\ub9ac (\ub2e8\uae30 \uc6d4 4.8%, \uc778\ud50c\ub808\uc774\uc158\uc758 \ub450 \ubc30 \uc774\uc0c1)\ub294 \ucc44\uad8c\uc774 \uac31\uc2e0 \ub418\ub3c4\ub85d \ubcf4\uc7a5\ud55c\ub2e4.<br>*\uc120\ubb3c\ud658\uc728 \uc6b4\uc6a9 : \uc911\uc559\uc740\ud589 \ud3c9\uac00\uc808\ud558 \uae30\ub300\ub97c \uc644\ud654\ud558\uae30 \uc704\ud574 \uac1c\uc785\uc744 \ud655\ub300\ud588\uc73c\uba70, \ud3ec\uc9c0\uc158\uc740 60\uc5b5 \ub2ec\ub7ec\uac00 \ub118\ub294\ub2e4.<br>*\ud398\uc18c \ucc44\uad8c : \uc911\uc559\uc740\ud589\uc740 \uc0c8\ub85c\uc6b4 \ud398\uc18c \ucc44\uad8c \uc785\ucc30 \uc804\uc5d0 \uac00\uaca9 \ud558\ub77d\uc744 \ubc29\uc9c0\ud558\uae30 \uc704\ud574 2\ucc28 \uc2dc\uc7a5\uc5d0 \uac1c\uc785\ud588\ub2e4.<br>*\ub2ec\ub7ec \ud3ec\uc9c0\uc158 \uaddc\uc815 \uac15\ud654 : \uc55e\uc73c\ub85c \uc120\ubb3c \uacb0\uc81c\uc77c\uc778 \ub9e4\uc6d4 \ub9c8\uc9c0\ub9c9 \uc601\uc5c5\uc77c\uc5d0 \uc678\ud654 \ud3ec\uc9c0\uc158\uc744 \ub298\ub9b4 \uc218 \uc5c6\uc5b4 \ud658\uc728 \uc0c1\uc2b9 \uc555\ub825\uc744 \uc904\uc778\ub2e4.<br>\uc774\ub294 7\uc6d4 31\uc77c\uc5d0 \uc77c\uc5b4\ub09c \uc77c (1,315 \ud398\uc18c\uc5d0\uc11c 1,374\ub85c \uc0c1\uc2b9)\ucc98\ub7fc \uc6d4\ub9d0 \ubcc0\ub3d9\uc131\uc744 \uc644\ud654\ud558\uae30 \uc704\ud55c \uac83\uc774\ub2e4.<br>12\uc6d4\ubd80\ud130\ub294 \ub450 \uac00\uc9c0 \uad6c\uc870\uc801 \ubcc0\ud654\uac00 \uc2dc\ud589\ub41c\ub2e4.<br>\uc21c \ub9c8\uc774\ub108\uc2a4 \ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc740 \uc6d4\uac04\uc774 \uc544\ub2cc \uc77c\uac04 \uae30\uc900\uc73c\ub85c \ucda9\uc871\ub418\uc5b4\uc57c \ud55c\ub2e4.<br>\ub9c8\uc774\ub108\uc2a4 \ud604\ubb3c \ud3ec\uc9c0\uc158\uc740 1\ucc28 \uacb0\uc0b0\uc758 30%\uae4c\uc9c0 \uc0c1\ud55c\uc120\uc774 \uc124\uc815\ub418\uc5b4 \uc788\ub2e4.<br>*\ubaa9\ud45c : \ud658\ud5e4\uc9c0 \uc218\uc694\ub97c \uc5c6\uc560\uace0, \uc120\ubb3c\uc2dc\uc7a5 \uc9c4\uc815\uacfc \ud658\uc728\uc5d0 \ub300\ud55c \uc555\ub825 \uc644\ud654\uc774\ub2e4.<\/p>\n\n\n\n<p>\uc911\uc559\uc740\ud589\uc774 \uc740\ud589\uc758 \ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc744 \uc81c\ud55c\ud558\ub294 \uc0c8\ub85c\uc6b4 \uc870\uce58\ub97c \ubc1c\ud45c\ud55c \ud6c4, \uc815\ubd80\ud658\uc728\uc740 \ud558\ub77d\ud588\ub2e4.<br>*\uad6d\ub9bd\uc740\ud589 (Banco Naci\u00f3n) : 1,335 \ud398\uc18c (10 \ud398\uc18c \ud558\ub77d)<br>*\ub3c4\ub9e4\ud658\uc728 : 1,322.49 \ud398\uc18c (12.91 \ud398\uc18c \ud558\ub77d)<br>*MEP \ud658\uc728 : 1,321.75 \ud398\uc18c<br>*CCL \ud658\uc728 : 1,337.53 \ud398\uc18c<br>*\uc2dc\uc911\ud658\uc728 (Blue) : 1,350 \ud398\uc18c<br>*\uc8fc\uc2dd\uc2dc\uc7a5 : \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc99d\uad8c\uac70\ub798\uc18c Merval \uc9c0\uc218\ub294 \ub9c8\uc774\ub108\uc2a4 1.4%\uc600\uc73c\uba70, \uc740\ud589 \uc8fc\ub4e4\uc774 \ud558\ub77d\uc744 \uc8fc\ub3c4\ud558\uace0 \uc788\ub2e4. \ub274\uc695\uc758 ADR\ub3c4 T\u00e9l\u00e9com, YPF, Tenaris, Globat\ub97c \uc81c\uc678\ud55c \ub098\uba38\uc9c0 \uc8fc\uc2dd\ub4e4\uc740 \ud558\ub77d\ud588\ub2e4.<br>*\ucc44\uad8c : \ub300\ub2e4\uc218 \ud558\ub77d. AL35D 1.1%, GD35D 0.7%\uc529 \uac01\uac01 \ub5a8\uc5b4\uc84c\ub2e4.<br>*\uad6d\uac00\uc704\ud5d8\ub3c4 : 875bp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc815\ubd80\ub294 \uc7ac\uc815 \ucda9\uaca9 \uc5c6\uc774 \uc120\uac70\uae4c\uc9c0 \uad00\ub9ac\ub97c \uc704\ud55c \ub450 \ub2ec\uac04\uc758 &#8216;\ubbf8\ub2c8 \uacc4\ud68d&#8217;\uc744 \ubc1c\ud45c\ud588\ub2e4.*\uc624\ub294 10\uc6d4 \ub9d0\uae4c\uc9c0 \ud398\uc18c \ucc44\uad8c \ub9cc\uae30\ub85c GDP\uc758 \uac70\uc758 3%\uc5d0 \ud574\ub2f9\ud558\ub294 \uc57d 21\uc870 \ud398\uc18c\ub97c \uc0c1\ud658\ud574\uc57c \ud55c\ub2e4.*\uc740\ud589 \uc9c0\uae09\uc900\ube44\uc728 : \uc911\uc559\uc740\ud589\uc740 \uc774\ubbf8 \uc740\ud589\uc774 \uc313\uc544\uc57c \ud560 \uc9c0\uae09\uc900\ube44\uc728\uc744 \ub9ce\uc774 \uc62c\ub838\uace0, \ucd5c\ub300 10% \ub354 \ub298\ub9b4 \uc218 \uc788\ub2e4. \uc774\ub294 \ud398\uc18c \uc720\ud1b5\ub7c9\uc744 \uc904\uc774\uace0, \uc740\ud589\ub4e4\uc774 \ubc18\uac15\uc81c\uc801\uc73c\ub85c \uc7ac\ubb34\uccad\uc5d0 \uc790\uae08\uc744 \uc9c0\uc6d0\ud558\ub3c4\ub85d \ud558\ub294 \uc870\uce58\uc774\ub2e4.*\ud398\uc18c \ubd80\ucc44 : \ub9e4\uc6b0 \ub192\uc740 \uae08\ub9ac (\ub2e8\uae30 \uc6d4 4.8%, \uc778\ud50c\ub808\uc774\uc158\uc758 \ub450 \ubc30 \uc774\uc0c1)\ub294 \ucc44\uad8c\uc774 \uac31\uc2e0 \ub418\ub3c4\ub85d \ubcf4\uc7a5\ud55c\ub2e4.*\uc120\ubb3c\ud658\uc728 \uc6b4\uc6a9 : \uc911\uc559\uc740\ud589 \ud3c9\uac00\uc808\ud558 \uae30\ub300\ub97c \uc644\ud654\ud558\uae30 \uc704\ud574 \uac1c\uc785\uc744 \ud655\ub300\ud588\uc73c\uba70, \ud3ec\uc9c0\uc158\uc740 60\uc5b5 \ub2ec\ub7ec\uac00 \ub118\ub294\ub2e4.*\ud398\uc18c \ucc44\uad8c : \uc911\uc559\uc740\ud589\uc740 \uc0c8\ub85c\uc6b4 \ud398\uc18c \ucc44\uad8c \uc785\ucc30 \uc804\uc5d0 \uac00\uaca9 \ud558\ub77d\uc744 \ubc29\uc9c0\ud558\uae30 \uc704\ud574 2\ucc28 \uc2dc\uc7a5\uc5d0 \uac1c\uc785\ud588\ub2e4.*\ub2ec\ub7ec \ud3ec\uc9c0\uc158 \uaddc\uc815 \uac15\ud654 : \uc55e\uc73c\ub85c \uc120\ubb3c \uacb0\uc81c\uc77c\uc778 \ub9e4\uc6d4 \ub9c8\uc9c0\ub9c9 \uc601\uc5c5\uc77c\uc5d0 \uc678\ud654 \ud3ec\uc9c0\uc158\uc744 \ub298\ub9b4 \uc218 \uc5c6\uc5b4 \ud658\uc728 \uc0c1\uc2b9 \uc555\ub825\uc744 \uc904\uc778\ub2e4.\uc774\ub294 7\uc6d4 31\uc77c\uc5d0 \uc77c\uc5b4\ub09c \uc77c (1,315 \ud398\uc18c\uc5d0\uc11c 1,374\ub85c \uc0c1\uc2b9)\ucc98\ub7fc \uc6d4\ub9d0 \ubcc0\ub3d9\uc131\uc744 \uc644\ud654\ud558\uae30 \uc704\ud55c \uac83\uc774\ub2e4.12\uc6d4\ubd80\ud130\ub294 \ub450 \uac00\uc9c0 \uad6c\uc870\uc801 \ubcc0\ud654\uac00 \uc2dc\ud589\ub41c\ub2e4.\uc21c \ub9c8\uc774\ub108\uc2a4 \ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc740 \uc6d4\uac04\uc774 \uc544\ub2cc \uc77c\uac04 \uae30\uc900\uc73c\ub85c \ucda9\uc871\ub418\uc5b4\uc57c \ud55c\ub2e4.\ub9c8\uc774\ub108\uc2a4 \ud604\ubb3c \ud3ec\uc9c0\uc158\uc740 1\ucc28 \uacb0\uc0b0\uc758 30%\uae4c\uc9c0 \uc0c1\ud55c\uc120\uc774 \uc124\uc815\ub418\uc5b4 \uc788\ub2e4.*\ubaa9\ud45c : \ud658\ud5e4\uc9c0 \uc218\uc694\ub97c \uc5c6\uc560\uace0, \uc120\ubb3c\uc2dc\uc7a5 \uc9c4\uc815\uacfc \ud658\uc728\uc5d0 \ub300\ud55c \uc555\ub825 \uc644\ud654\uc774\ub2e4. \uc911\uc559\uc740\ud589\uc774 \uc740\ud589\uc758 \ub2ec\ub7ec \ud3ec\uc9c0\uc158\uc744 \uc81c\ud55c\ud558\ub294 \uc0c8\ub85c\uc6b4 \uc870\uce58\ub97c \ubc1c\ud45c\ud55c \ud6c4, \uc815\ubd80\ud658\uc728\uc740 \ud558\ub77d\ud588\ub2e4.*\uad6d\ub9bd\uc740\ud589 (Banco Naci\u00f3n) : 1,335 \ud398\uc18c (10 \ud398\uc18c \ud558\ub77d)*\ub3c4\ub9e4\ud658\uc728 : 1,322.49 \ud398\uc18c (12.91 \ud398\uc18c \ud558\ub77d)*MEP \ud658\uc728 : 1,321.75 \ud398\uc18c*CCL \ud658\uc728 : 1,337.53 \ud398\uc18c*\uc2dc\uc911\ud658\uc728 (Blue) : 1,350 \ud398\uc18c*\uc8fc\uc2dd\uc2dc\uc7a5 : \ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc99d\uad8c\uac70\ub798\uc18c Merval \uc9c0\uc218\ub294 \ub9c8\uc774\ub108\uc2a4 1.4%\uc600\uc73c\uba70, \uc740\ud589 \uc8fc\ub4e4\uc774 \ud558\ub77d\uc744 \uc8fc\ub3c4\ud558\uace0 \uc788\ub2e4. \ub274\uc695\uc758 ADR\ub3c4 T\u00e9l\u00e9com, YPF, Tenaris, Globat\ub97c \uc81c\uc678\ud55c \ub098\uba38\uc9c0 \uc8fc\uc2dd\ub4e4\uc740 \ud558\ub77d\ud588\ub2e4.*\ucc44\uad8c : \ub300\ub2e4\uc218 \ud558\ub77d. AL35D 1.1%, GD35D 0.7%\uc529 \uac01\uac01 \ub5a8\uc5b4\uc84c\ub2e4.*\uad6d\uac00\uc704\ud5d8\ub3c4 : 875bp<\/p>\n","protected":false},"author":6,"featured_media":9205,"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-9203","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\/9203","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=9203"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/9203\/revisions"}],"predecessor-version":[{"id":9206,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/9203\/revisions\/9206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/9205"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}