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The Central Bank of the Argentine Republic ( Spanish: Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers and within the framework of the policies ...
Banco de la Nación Argentina (BNA; English: Bank of the Argentine Nation) is a large bank in Argentina, and the largest in the country's banking sector. History [ edit ] The Bank of the Argentine Nation was founded on 18 October 1891 by President Carlos Pellegrini , with the purpose of stabilizing the nation's finances following the Panic of ...
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors. As a result, the presidency of Mauricio Macri ...
The Headquarters of the Bank of the Argentine Nation (Spanish: Casa Central del Banco de la Nación Argentina), more often referred locally as Banco Nación Casa Central, is a monumental bank building next to the Plaza de Mayo, founding site of Buenos Aires and host of major events in the history of the country.
This is a list of presidents of the Central Bank of Argentina. The presidents and ministers of economy are listed for context, but the Central Bank has usually been an autarkic institution, except during military governments. As such, many presidents stay in the Central Bank across different presidencies, even of different political parties.
Central Bank of the Argentine Republic '. The peso (established as the peso convertible) is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos, but due to rapid inflation, coins with a face ...
Banking penetration remains low and banking costs high. The Argentine banking sector is currently dominated by state-owned banks, with the largest being the Banco de la Nación Argentina. In 2005, for the first time since the 2001 collapse, the banking system made a profit, according to a Central Bank report released in February 2006.
Debt restructuring. edit. The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [1] While it initially met with considerable success, the board's actions ultimately failed.
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