Guido Sandleris
Guido Sandleris is an Argentine economist who was President of the Central Bank of Argentina.Early life and education
Sandleris was born to a middle-class Jewish family in Buenos Aires, Argentina. He graduated from the University of Buenos Aires, received a masters from the London School of Economics, and holds a doctorate from Columbia University. He taught Economics at Johns Hopkins University and Torcuato di Tella University.Private sector
In the private sector, he carried out consulting and research work for the World Bank, the Inter-American Development Bank, the General Treasury Office and in investment banks and Latin American governments in general.Public sector
He was an advisor to the Minister of Economy José Luis Machinea.
Before taking charge of the Central Bank of Argentina in September 2018, he served as Secretary of Economic Policy of the Ministry of Treasury since 2016.He assumed the presidency of the Central Bank of Argentina after the resignation of Luis Caputo at an extremely difficult time.
As of October 2018, it implemented a strict monetary scheme that included a contraction plan for the monetary base based on high interest rates.
He launched the Liquidity Letters, a tool from the Central Bank to limit the amount of money circulating in order to reduce inflation.
In his administration, he applied exchange bands where the dollar could float freely. This was backed by the International Monetary Fund and worked perfectly until the outcome of the 2019 primary elections, when Argentine peso was devaluated 25%.
After this new devaluation, he restricted the purchase of foreign currency by companies, and limited the purchase of dollars by individuals to a maximum of US $ 10,000 per month. After the october general election, restrictions restricted the purchase of dollars to 200 per month.
He presented his resignation from the Central Bank with an inflation rate of 53% a few days before Alberto Fernández's arrival.Other activities
