• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Argentina's digital wallets and banks update rates: what they pay in October

FinanceInternationalLa Nueva Provincia40 s readAI summary
Image: La Nueva Provincia

Digital wallets, mutual funds and banks in Argentina updated the yields they offer on pesos. According to the October survey, wallets keep rates near 20% a year: Brubank reaches 23% TNA with its "Plan Ultra", Naranja X and Carrefour Banco pay 20% TNA and Ualá 19% TNA. Among banks, Macro offers 21% TNA for 30 days and Reba 24% TNA. The text notes that balance caps and each product's conditions also matter.

In 40 seconds

  • Brubank leads the surveyed wallets with 23% TNA on its "Plan Ultra"; Naranja X and Carrefour Banco pay 20% TNA and Ualá 19% TNA.
  • For 30-day fixed deposits, Banco Macro offers 21% TNA, followed by Hipotecario (19.5%), Nación (19.25%) and BBVA (19%).
  • Among mid-sized banks and finance companies, Reba pays 24% TNA and Banco Meridian 23.75% TNA.
Read the full story at La Nueva Provincia

IASummary generated by artificial intelligence from a story by La Nueva Provincia. It may contain errors: the original source prevails.

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