Domingo Cavallo, Date of Birth, Place of Birth

Domingo Cavallo

Argentine politician

Date of Birth: 21-Jul-1946

Place of Birth: San Francisco, Córdoba Province, Argentina

Profession: politician, economist, diplomat, university teacher

Nationality: Argentina

Zodiac Sign: Cancer

Domingo Felipe "Mingo" Cavallo (born San Francisco, Córdoba, July 21, 1946) is an Argentine economist and politician.
He has a track record of public service and is known for implementing the Convertibilidad plan, which fixed the dollar-peso exchange rate at 1:1 between 1991 and 2001.
This brought the Argentine inflation rate down from over 1,300% in 1990 to less than 20% in 1992 and nearly to zero during the rest of the 1990s.
Guided by his politics, Argentina entered into one of the most difficult crisis in its history.
He is also well known for implementing the corralito, which restrained Argentine citizens from withdrawing money from their bank accounts.
This was followed by the December 2001 riots and the fall of President Fernando de la Rúa.
In 2015, he was sentenced for embezzlement, following an appeal.
A definitive sentence still awaits.