Caprio, Gerard Jr.; Dooley, Michael; Leipziger, Danny; … - Economics Research, World Bank Group - 1996
Within the current rules of the game, Argentina's central bank (BCRA) is charged with being the lender of last resort as well as providing full convertibility between pesos and U.S. dollars - two objectives with one instrument, namely, reserves. Within those rules, it may be well that the...