Convertibility plan
1990s economic policy pegging the Argentine peso to the US dollar / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Convertibility plan?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth.[1] While it initially met with considerable success, the board's actions ultimately failed. The peso was only pegged to the dollar until 2002.
This article needs additional citations for verification. (September 2014) |
More information 1998–2002 Argentinegreat depression ...
1998–2002 Argentine great depression |
---|
Economy of Argentina |
edit |
Close