Jorge Remes Lenicov

Jorge Remes Lenicov
Minister of Economy of Argentina
In office January 3, 2002 – April 27, 2002
President	Eduardo Duhalde
Preceded by	Rodolfo Frigeri
Succeeded by	Roberto Lavagna
Personal details
Born	1948 La Plata, Argentina
Nationality	Argentina
Political party	Justicialist Party
Alma mater	National University of La Plata

Jorge Remes Lenicov (born 1948) is an Argentine economist and politician who served as Minister of Economy and Production from January 3 till April 27, 2002.

His short term was unpopular. President Eduardo Duhalde had inherited a bankrupt country. Remes Lenicov decided on an extreme freezing of the bank deposits, which was then coupled with the so-called pesificación ("peso-ification", a forced transformation of all dollar-denominated accounts into pesos at an arbitrary fixed exchange rate), and a regulated devaluation. The fixed exchange rate system was abandoned soon afterwards, which was followed by a large depreciation.

Afterwards Remes Lenicov served as Argentine ambassador to the European Union till 2011.

...
Wikipedia