On Thursday, Argentina’s central bank announced it raised its benchmark interest rate by 10% to 91%.

It was the second large rate hike the bank enacted within a week, following a hike of the benchmark rate by 3% to 81% on April 20th.

In March, annual price inflation rose to a new record at 104.3%, according to data from the national statistics agency, released on April 14th.

The yearly rise was an increase over the 102.5% rise in February, marking the highest level the country has seen since the early 1990’s.

On March 16th, the regulator had raised the benchmark interest rate by 300 basis points to 78%.

It was the first interest rate increase by the central bank since September 15th, when it increased rates by 5.5%, to 75%, amid rising consumer prices.