In the dynamic financial scenario of Argentina, competition between banking entities intensifies, reflected in the adjustment of interest rates. In that sense, in two days there were slight increases that disconcerted everyone since the trend led them downward for months.
The highest ones are offered Ualá, Banco Galicia and Voii that keep them at 35%, a measure that resonates with the trends of other prominent banks such as BBVA, Macro Bank and HSBC, which also raised their rates.
According to Transcendo website, This phenomenon suggests a possible approach to a “Newtonian scenario” in the economic sphere, where rates, which rose, could eventually fall, following Newton’s metaphorical law of gravity.
This is what the banks are paying for the Fixed Term
After two rate increases, the Fixed term They are paying these numbers:
In this way, with the 35% rateif you deposit $100,000 in a month, you will get $102,876.71.
Deposit Rate Days Total Interest
$100,000 35% 30 $2,876.71 $102,876.71
What other alternatives are there to the Fixed Term?
The constant fluctuation of interest rates encourages investors to look for alternatives beyond the traditional fixed term. In this context, options such as mutual funds that invest in Treasury bills are presented as a viable alternative, offering liquidity and potentially higher returns compared to Fixed deadlineswhose rates have been affected by the cuts in the monetary policy rate of the Central bank.
Other options include financial instruments such as Treasury bills (LEDES), which offer a higher annual profit than traditional fixed terms, and corporate bonds in dollars, which allow investors to diversify their portfolio and protect themselves against inflation.
For those interested in exploring these investment alternatives, it is crucial to have specialized advice that can guide them through the complexities of the market and help them make informed decisions that align with their financial objectives and risk tolerance.
Customized investment strategies can provide a clear path toward optimizing returns, considering both the current economic landscape and future projections.
In short, vigilance and adaptability are essential in a constantly evolving economic environment, where investment opportunities can arise at any time, and preparation is key to capitalizing on them.
