Argentina: The Central Bank in the Foreign Exchange Market

Contributing Organization(s): Center for Economic and Policy Research

Author(s)/Creator(s): Roberto Frenkel

Publishing Date: 2007-02-01

Issue Areas: Economic Development

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This article, originally published in Spanish in La Nacion, December 31, 2006, explains the mechanics of the Argentine Central Bank's intervention in exchange rates markets to target a stable and competitive exchange rate, a macroeconomic policy that has played a significant role in Argentina's economic growth since 2002.

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