BRIEF-Budimex signs 125.0 mln zloty net deal for construction works
* SAYS THAT IT SIGNED DEAL WITH LC CORP INVEST XVII SP. Z O.O., UNIT OF LC CORP SA, WORTH 125.0 MILLION ZLOTY NET
BUENOS AIRES Dec 20 Argentina's central bank kept its benchmark 35-day interest rate at 24.75 percent for the third week in a row on Tuesday, saying inflation was falling closer to its target.
The bank has a goal of average monthly inflation of 1.5 percent for the final three months of 2016 and said it was close to completing that goal, even though consumer prices rose 2.4 percent in October and 1.6 percent in November.
"Considering that monetary policy operates with delays and that the information available confirms the bank is close to meeting its inflation target for the final quarter, this institution focuses on monetary policy that will comply with its inflation target for 2017," the statement said.
The bank raised eyebrows among economists when it lowered rates for four straight weeks starting Nov. 8.
A central bank survey in early December showed economists' inflation expectations for 2017 rose to 20.2 percent. The bank is targeting inflation of up to 17 percent next year.
Inflation is expected to finish 2016 at around 40 percent. (Reporting by Caroline Stauffer; Editing by Peter Cooney)
LONDON, June 26 (IFR) - Barclays has appointed investment banker Kevin Wall as chief executive of its business in Ireland, as it gears up to potentially expand operations there due to Britain's departure from the European Union.
* COHL agreed to license to company licensed premises for a term of three years from 1 October 2017 until 30 September 2020 Source text for Eikon: Further company coverage: