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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 ...
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 ...
BUENOS AIRES (Reuters) -Argentina's central bank is set to hold the benchmark interest rate steady at 75%, which would snap a tightening cycle since the start of the year, two sources said, with ...
Javier Gerardo Milei [b] (born 22 October 1970) is an Argentine politician and economist who has served as President of Argentina since 2023. He has taught university courses and written on various aspects of economics and politics and also hosted radio programmes on the subject.
With transport links down and many schools, offices and banks closed, streets in central Buenos Aires were eerily quiet in the morning ahead of the march, sparked by the powerful CGT umbrella union.
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 ...
The Bicentennial fund (Spanish: Fondo del Bicentenario) was created in 2010 in Argentina by then president Cristina Fernández de Kirchner, to pay external debt with resources from the Central Bank. The president of the Bank, Martín Redrado, refused to do so, claiming that the autonomy of the Central Bank was not respected.
Argentine President Javier Milei announced plans to shut down the country's tax collection agency, a bold step in his ongoing effort to slash government spending and bureaucracy.. On Monday ...