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EconomicArgentina·Unpinned13 Oct 2026

Mercado Libre Founder Criticizes Argentine Central Bank Loan-Cost Rule

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On October 12, Mercado Libre founder Marcos Galperin publicly challenged Argentina’s Central Bank (BCRA) over mandatory loan-cost disclosure rules, labeling the required 'Total Effective Annual Financial Cost' figure as false and inflated. The dispute was triggered by a social media exchange regarding a Mercado Pago loan simulation showing a 102.36% total…

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Rio Times
Digital newsroomCompany ownedBrazilStandards published

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