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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 established by the national government, monetary stability ...
1 year bond. 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 ...
Argentina's President-elect Javier Milei said on Friday that the closure of the country's central bank, a signature campaign pledge, was a "non-negotiable matter", according to a statement from ...
Previous left-leaning governments fell far short of IMF targets and relied on central bank money printing to finance treasury spending, pushing the country's IMF program — launched in 2018 and ...
The South American country, a major grains producer, is battling inflation nearing 150%, central bank reserves deep in the red and two-fifths of the population in poverty.
Argentine debt restructuring. Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds ...
BUENOS AIRES (Reuters) -Argentine economist Santiago Bausili is set to become the governor of the country's central bank after President-elect Javier Milei takes office on Dec. 10, according to ...
Luis Andrés Caputo (born 21 April 1965) is an Argentine economist who is the current Minister of Economy under Javier Milei 's presidency, having assumed office on December 10, 2023. [2] He previously served as Minister of Public Finances from 2017 to 2018 and President of the Central Bank of Argentina in 2018. [3] [4]