He central bank made the decision to increase the monetary policy rates after knowing the inflation rate for February, which was 6.6%, according to him indec.

In the fight for savers to bet on the peso, the rate increase for fixed terms was 3 percentage points, a 78%, nominal annualbecoming the main measure known so far to control the increase in prices.

The directory of Central bank, decided not to change the rates of the repos, a remunerated liability option for institutional investors. As for the reference rates for credit cards and productive investment lines, they will continue without modifications.

This rate will be implemented from Friday.

Also read: 6.6%: February inflation exceeded national expectations