Monetary - Argentina - BCRA - REM - Interest Rate Expectations

This dataset includes monthly information on interest rate expectations. The interest rate (BADLAR) is defined as the weighted average interest rate by amount, corresponding to 30- to 35-day fixed-term deposits in private banks, each over one million pesos, for the requested month. In the REM, this has been surveyed since the January 2020 survey. During 2016, the interest rate of the Central Bank’s Bills (LEBAC) in pesos for a 35-day term, as announced by the BCRA in its last Monetary Policy Council communication each month, was surveyed. Starting in January 2017, the rate used was the peso rate for 7-day Repurchase Agreements (Pase) and, from the August 2018 survey through December 2019, it was the interest rate in the primary market for the Central Bank’s Liquidity Bills (LELIQ) for 7 days or the closest term. The "Referencia" variable refers to the unit of measurement for economic variables while the "Período" variable indicates the time period for the projected or estimated value....