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حسابداری و مالی::
هیئت ارز
the currency board.
Argentina adopted a currency board, a structure- rather than merely a commitment-to limit the growth of money in the economy.
Under a currency board, the central bank may increase the money supply in the banking system only with increases in its holdings of hard currency reserves.
By 2001, crisis conditions had revealed three very important underlying problems with Argentina's economy: 1) The Argentine peso was overvalued; 2) The currency board regime had eliminated monetary policy alternatives for macroeconomic policy; and 3) The Argentine government budget deficit was out of control.
the currency board and Monetary Policy.
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