Argentina's Central Bank Weighs Rate Hike Amid IMF Negotiations.

The strategy shift after 13 months of unchanged borrowing costs comes with the IMF calling last week for the country to adopt an "appropriate monetary policy", including interest rates that exceed inflation. Argentina's central bank is weighing its first interest rate increase in over a year as it seeks to bring borrowing costs closer to inflation amid talks with the International Monetary Fund over a new financial program. [Extracted from the article]