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Brubank was founded in 2017. Juan Bruchou, CEO of Citibank Argentina, had proposed an entirely digital bank, without branch offices. Brubank obtained license by the Central Bank of Argentina to operate in September 2018. After a first "friends and family" trial, Brubank launched its app on Apple and Android stores. [5]
In 1992 a new peso (ISO 4217: ARS) was introduced, referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso to 1 U.S. dollar, and for every peso convertible circulating, there was a US dollar in the Central Bank's foreign currency reserves. It replaced the austral at a rate of 1 peso = 10,000 ...
As you might have heard, Argentina is facing strong pressure on its currency, which dropped about 12% last week. The country's central bank has been intervening in its currency markets since 2011 ...
Artist Sergio Díaz and other Argentine artists' Money Art movement uses moderately priced brushes and acrylics to paint banknotes of 10, 20, 100, or 1,000 pesos and then share their work on ...
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
Mercado Libre operates under five main business units. MarketPlace is its platform for users to sell products, Mercado Pago is its payment platform for online sales, [5] Mercado Publicado is the advertising portion of Mercado Libre, Mercado Shops is a tool designed to enhance the platform's overall ecosystem, [35] and Mercado Crédito is the company's credit line.
Argentina's central bank has tightened access to the foreign exchange market by soybean exporters as it decided they are no longer allowed to trade on alternative markets, hitting the local peso ...
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. The total profits amounted to 1,958 million pesos (more than $650 ...