Economic history of Argentina reforms such as open trade. On 1 January 1992, a monetary reform replaced the austral with the peso at a rate of 10,000 australs for 1 peso. The cornerstone of the reform process was a currency board, under which the peso was fixed by law at par to the dollar, and the money supply restricted to the level of hard-currency reserves. A risky policy which meant at a later stage Argentina could not devalue. After a lag, inflation was tamed. With risk of devaluation apparently removed, capital poured in from abroad. GDP growth increased significantly and total employment rose steadily
Footballer of the Year of Argentina Footballer of the Year of Argentina The Footballer of the Year of Argentina (in Spanish: "Olimpia de Plata al Mejor Futbolista", that literally translates to "Silver Olimpia to the Best Footballer) is a yearly award given by the Argentine Sports Journalists' Circle ("Círculo de Periodistas Deportivos de la República Argentina") as one of the Olimpia Awards, the most important sports award in Argentina. The "Olimpia" is awarded in the sport of association football (a.k.a. soccer), and, since 2008, is shared by the best player of the local league (who wins the "Olimpia de Plata al Fútbol Local") and the best