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By 2014, following Cristina Fernández de Kirchner use of central bank reserves to prop up the peso, the country had very low foreign reserves and a high inflation. [3] After the 2015 elections, President Mauricio Macri hoped that by lifting the extreme currency controls it would help spark a wave of foreign investment that would help battle ...
The Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offenses (Spanish: Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias, SEPBLAC) is the financial intelligence unit (FIU) of the Spanish Ministry of Economy.
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 ...
Banco Real traces its ancestry back to Banco da Lavoura de Minas Gerais, which was founded in Belo Horizonte, Minas Gerais in 1925. On 1 March 1971, Banco da Lavoura moved its head office from Belo Horizonte to São Paulo and the bank assumed its current name, Banco Real S.A.
The bank soon opened branches elsewhere in Argentina, and it changed its name in 1865 to the London and River Plate Bank (Banco de Londres y Río de la Plata). The bank expanded over the years to have operations in Uruguay, Brazil and Chile. [2] In 1918, it was acquired by Lloyds Bank Limited.
In 2003, the print "C" of the 1 real banknote was put into circulation, which would have the name "República Federativa do Brasil" at the top in the place where the name "Banco Central do Brasil" was customarily placed, which was placed on the under the obverse of the bill, next to the word real. Such banknote ceased to be issued in 2005.
Long a significant supplier of domestic lending in a credit-tight economy, the bank attempted—with only partial success—to revive the local credit market during the tenure of Gabriela Ciganotto, who stated the main goal of the bank in her inauguration speech in 2006 as "putting [the bank] at the service of production, especially small and medium businesses, and not of speculation."
The Argentina–Brazil relationship (Spanish: Relación Argentina-Brasil; Portuguese: Relação Argentina-Brasil) is both close and historical, and encompasses the economy, trade, culture, education, and tourism. [1] From war and rivalry to friendship and alliance, this complex relationship has spanned more than two centuries.