The Central Bank of Argentina (BCRA, for its acronym in Spanish, Banco Central de la República Argentina) is the primary monetary authority in Argentina. Established on May 28, 1935, its main objective is to promote monetary and financial stability, economic development, and employment growth within the framework of the best possible social equity. The BCRA is responsible for implementing the country's monetary policy, issuing the national currency (the Argentine peso), managing exchange rate policies, and regulating the financial system through the supervision of banks and financial institutions. It aims to ensure the stability of the currency, contribute to the optimal functioning of the payment system, and foster the development of capital markets in Argentina. The Central Bank operates under the oversight of the Argentine government but seeks to maintain a degree of autonomy to effectively manage its policies and objectives.