REPORT ArgentinaGlobalization and TradeLatin America and the CaribbeanWorld

Argentina: The Central Bank in the Foreign Exchange Market

February 2007, Roberto Frenkel

This article, originally published in Spanish in La Nación, 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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