Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:category |
gptkb:economic_policy
|
| gptkbp:country |
gptkb:Argentina
|
| gptkbp:dateEnacted |
1991-03-27
|
| gptkbp:effect |
contributed to 2001 Argentine economic crisis
pegged Argentine peso to US dollar at 1:1 stabilized Argentine economy in early 1990s |
| gptkbp:enactedBy |
gptkb:Argentine_National_Congress
|
| gptkbp:language |
gptkb:Spanish
|
| gptkbp:mainProvision |
prohibited central bank from financing government deficit
established fixed exchange rate between Argentine peso and US dollar required full dollar reserves for pesos in circulation |
| gptkbp:officialName |
gptkb:Ley_de_Convertibilidad_del_Austral
|
| gptkbp:promotion |
gptkb:Carlos_Menem
|
| gptkbp:purpose |
curb hyperinflation
|
| gptkbp:repealedBy |
gptkb:Economic_Emergency_Law_(2002)
2002 |
| gptkbp:bfsParent |
gptkb:Domingo_Cavallo
|
| gptkbp:bfsLayer |
7
|
| https://www.w3.org/2000/01/rdf-schema#label |
Convertibility Law
|