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
History of Argentina occult interests, including astrology, and a supporter of dissident Catholic groups. Economic policies were directed at restructuring wages and currency devaluations in order to attract foreign investment capital to Argentina. López Rega was ousted as Isabel de Perón's adviser in June 1975; General Numa Laplane, the commander in chief of the army who had supported the administration through the Lopez Rega period, was replaced by General Jorge Rafael Videla in August 1975. Montoneros, led by Mario Firmenich, cautiously decided to go underground after Peron's death. Isabel Perón was removed from office by the military coup on March 24, 1976. This