Jim Whitney
Fixed exchange rates
The case of Argentina

Argentina's macroeconomic situation, 1990:
    Inflation rate: _________
    Interest rate: _________

Argentina's experience with fixed exchange rates, implemented during 1991:
 

Year E ($/peso) P arg P us R CAB
($bill)		 %DY i arg i us i gap (arg-us)
1992 a     100.0         3.52%  
1993 b     103.0         3.02  
1994 c     105.6         4.20  
1995 d     108.7         5.84  
1996 e     111.7         5.30  
1997 f     114.4         5.41  
1998     116.2         5.35