National Congress of Argentina sessions span is from March 1 to November 30; the President of Argentina is entitled to convene extraordinary sessions during the recess, if needed. Senators and deputies enjoy parliamentary immunity during their mandates, which may be revoked by their peers if a senator or deputy is caught "in flagrante", in the midst of committing a crime. The Congress is in charge of setting taxes and customs, which must be uniform across the country. It rules the Central Bank of Argentina, manages internal and external debt payment, and the value of national currency (currently the Argentine peso). It rules the legal
Currency board Currency board A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. The main qualities of an orthodox currency board are: The currency board in question will no longer issue fiat money but instead will only issue one unit of local currency for each unit (or decided amount) of foreign currency it has in its vault (often a hard currency such as the U.S. dollar or the euro). The surplus on