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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 ...
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 ...
The Central Bank of Argentina's foreign-currency reserves were depleted; the annual inflation rate was over 30 percent, and the country had the highest tax rates in its history. The government budget balance had an 8% deficit, and the government faced international legal battles over its sovereign default after the Kirchner administration ...
Argentina has put a new 2,000-peso bill into circulation as the country endures one of the world’s highest inflation rates that has decimated the value of the local currency. The new bank note ...
The central bank of Argentina has further imposed restrictions on U.S. dollar (USD) purchases to “maintain exchange stability and protect reserves.” Individual Argentinians will now be limited ...
Currency Central bank Peg Anguilla: Eastern Caribbean dollar: Eastern Caribbean Central Bank Antigua and Barbuda Dominica Grenada Montserrat Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Argentina: Argentine peso: Banco Central de la República Argentina Belize: Belize dollar: Central Bank of Belize: 2 BZD = 1 USD Bermuda
Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis Caputo announced Tuesday.
When the Central Bank of Argentina was established it took over the banknotes, which began to be printed by the Casa de Moneda. The banknotes designs were not modified until 1942, when the bank decided to introduce new designs, leaving the allegory of Liberty figure behind. Some series were printed in Great Britain. [1]