Kirchner holds having measures to force banks to lower rates

Portada en Ingles

Argentine President Néstor Kirchner warned banks today: "You're highly liquid, you have saved handsome amounts, I'm happy you're solvent, but do lend at low rates, because if you don't, I'll have to take some measures." "We beg banks very politely to lower rates. If not, I sign the resolution you've brought," Kirchner told Argentine Economy Minister Miguel Peirano, who was sitting next to him.

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