May 3, 2018 / 4:25 PM / 4 months ago

Argentina central bank says could raise interest rate again - statement

BUENOS AIRES, May 3 (Reuters) - Argentina’s central bank will continue using all the tools at its disposal to achieve its 15 percent inflation target in 2018, it said in a statement explaining its second surprise rate hike in less than a week.

The bank said it could raise the interest rate again if needed. Earlier on Thursday the bank announced a new rate of 33.25 percent up from 30.25 percent set on Friday. (Reporting by Caroline Stauffer)

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