Argentine Central Bank

Argentina Imposes 'Corralito' Bank Account Freeze Under IMF Austerity, Triggering Mass Protests

| Importance: 9/10

The Argentine government enacts emergency measures known as the ‘corralito’ (little corral), freezing bank accounts and limiting cash withdrawals to $250 per week, triggering the final stage of a devastating economic collapse driven by IMF-imposed austerity. The freeze comes after four …

International Monetary Fund Fernando de la Rúa Domingo Cavallo Argentine Central Bank shock-doctrine imf austerity argentina financial-crisis +2 more
Read more →