The Central Bank of the Argentine Republic was established on May 28, 1935 through a set of Congressional acts, replacing the currency-board system Argentina had operated since 1899, with its charter drafted by the economist Raul Prebisch drawing on a 1933 Bank of England study. Originally a private institution with majority British ownership, it was nationalized by Juan Peron on March 24, 1946 to recover reserves that had been held in escrow at the Bank of England. Headquartered in Buenos Aires, the bank today is a fully state-owned institution charged with promoting monetary and financial stability, employment, and economic development, managing Argentina's peso and foreign reserves, though it remains subordinate to the country's Economy Ministry on questions of policy.
Facts
Founding Year Founding Date HeadquartersBuenos Aires, Argentina 1 Geography
Country or Jurisdiction ServedWikidata Q642444, property P17 (country). Classification
Institution Subtype Connections
Member Of
Central Bank of Argentina is one of the BIS's 63 member central banks and monetary authorities (Membership and shareholding structure table); the BIS has been wholly owned by its member central banks since the 2005 buyback of private shareholders.
Source Wikipedia
In the Other Atlases
- Also in Geography Atlas: Argentina, located there.
Sources
1. Wikipedia
Wikimedia FoundationCentral Bank of Argentina
Established by six Acts of Congress enacted on May 28, 1935, the bank replaced Argentina's currency board, which had been in operation since 1899.
Introduction, institution-subtype
The Central Bank of the Argentine Republic was established on May 28, 1935 through a set of Congressional acts, replacing the currency-board system Argentina had operated since 1899, with its charter drafted by the economist Raul Prebisch drawing on a 1933 Bank of England study.
Member Of: Bank for International Settlements, Bank for International Settlements, Membership and shareholding structure section
The BIS members are central banks of 63 jurisdictions: 34 in Europe, 16 in Asia, 5 in South America, 3 in North America, 3 in Africa, and 2 in Oceania.
View the Source 2. Wikidata
Wikimedia Foundation
Wikidata: Central Bank of Argentina
Wikidata Q642444, class allow-list match (w-wdresolver-0926)View the Source Reader Challenges (0)
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