The Central Bank Of The Argentine Republic (Spanish: Banco Central De La República Argentina, Referred To As BCRA) Is The Central Bank Of Argentina. The Institution Mainly Formulates Monetary Policy And Promotes The Country's Monetary Stability, Financial Stability, Employment, And Economic Development.
Established
On May 28, 1935, The Central Bank Of Argentina Was Established. Its Predecessor Was The Argentine Currency Board, Established In 1899. The Central Bank Of Argentina Is Headquartered In The Central Business District Of Buenos Aires.
Between 1933 And 1943, The Central Bank Of Argentina Was A Private Entity. The President Of The Central Bank Was Appointed By The President Of Argentina, But 11 Of Its 12 Directors Were The CEOs Of Private Banks. On March 24, 1946, Juan Perón Ordered The Nationalization Of The Central Bank Of Argentina.
