Tag: Martín Perez Redrado

Martín Perez Redrado
Monday, February 4th 2013 - 05:18 UTC

Argentine central bank reserves at their lowest level since December 2007

Vice president Amado Boudou described the advance of resources as “heterodox and moderate”

Argentina’s central bank reported that at the end of January it had reserves totalling 42.65 billion dollars which is the lowest level since President Cristina Fernandez took office in December 2007. At the time the central bank international reserves totalled 46.2 billion dollars. Only in April 2007 were reserves at a lower level, 38.6bn dollars.

Sunday, April 1st 2012 - 08:28 UTC

Rootyling for cash, the central bank has become Argentina’s Piggy bank

Ms Marcó del Pont insists the Central bank will be “very rigorous” and will not print more Pesos than needed

The Economist argues that with the latest legislation, the Argentine central bank has lost its legal independence and become the piggy bank of President Cristina Fernandez government.

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