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Latest Argentine peso Stories

2013-05-03 23:03:23

First National Innovation Brokers Providing Unprecedented Swap and Liquidity Solutions for the Argentina retail market. The collapsing peso has savers scrambling for solutions offered only by FNIB. Wilmington, DE (PRWEB) May 03, 2013 The hedge fund prime broker and forex retailer First National Innovation Brokers (FNIB) is financing real estate acquisitions in Argentina. The firm offers innovative solutions to the liquidity needs of buyers in opaque markets that lack traditional mortgage...

2009-10-20 14:26:00

BUENOS AIRES, Argentina, Oct. 20 /PRNewswire/ -- Telefonica de Argentina S.A. (the "Company") announced today that in connection with its previously announced Argentine peso cash tender offer (the "Argentine Peso Offer") for its outstanding 8.850% Conversion Notes due August 2011 (the "2011 Conversion Notes"), 9.125% Notes due November 2010 (the "2010 Notes") and 8.850% Notes due August 2011 (the "2011 Notes", and together with the 2011 Conversion Notes and the 2010 Notes, the "Notes") it...

2009-10-08 07:39:00

BUENOS AIRES, Argentina, Oct. 8 /PRNewswire/ -- Telefonica de Argentina S.A. (the "Company") announced today that in connection with its previously announced cash tender offers (each an "Offer" and together, the "Offers") for its outstanding 8.850% Conversion Notes due August 2011 (the "2011 Conversion Notes"), 9.125% Notes due November 2010 (the "2010 Notes") and 8.850% Notes due August 2011 (the "2011 Notes", and together with the 2011 Conversion Notes and the 2010 Notes, the "Notes") it...

2009-09-28 07:00:00

BUENOS AIRES, Argentina, Sept. 28 /PRNewswire/ -- Telefonica de Argentina S.A. (the "Company") announced today that in connection with its previously announced cash tender offers (the "Offers") for its outstanding 8.850% Conversion Notes due August 2011, 9.125% Notes due November 2010 and 8.850% Notes due August 2011 (collectively, the "Notes") it will use the EMTA ARS Industry Survey Rate (the "EMTA Rate"), and not the exchange rate as reported by Argentina's Central Bank (tipo de cambio...

2009-09-24 17:33:00

BUENOS AIRES, Argentina, Sept. 24, /PRNewswire/ -- Telefonica de Argentina S.A. (the "Company") announced today that it is offering to purchase for cash its outstanding notes listed below (collectively, the "Notes") for an aggregate purchase price of up to US$50 million in the U.S. Dollar Offer (defined herein) (the "Maximum U.S. Dollar Tender Amount") and up to Argentine Ps.200 million in the Argentine Peso Offer (defined herein) (the "Maximum Argentine Peso Tender Amount") (each a "Maximum...

2009-04-01 08:39:00

MEXICO CITY, April 1 /PRNewswire-FirstCall/ -- Grupo Iusacell, S.A.B. de C.V. (BMV: CEL; LATIBEX: XCEL), the first provider of wireless cellular third generation services in Mexico with a national footprint, announced today that it has begun conversations to renegotiate its foreign currency-denominated debt, which has been affected by the strong devaluation of the Mexican peso versus the U.S. dollar and the current world economic slowdown. Grupo Iusacell has maintained close contact...

2008-10-22 18:00:19

Grupo Cementos de Chihuahua S.A.B. de C.V. ("GCC" or "the Company") (BMV: GCC*), a leading cement and concrete producer in the markets where it competes in Mexico, the United States and Bolivia, today announced consolidated results for the quarter ended September 30, 2008. In the third quarter of 2008, we generated double-digit sales growth in dollar terms compared to the third quarter of 2007. This growth reflected the integration of acquisitions made in the first quarter of the year,...

2008-10-12 09:00:17

By WILL WEISSERT By Will Weissert The Associated Press BAYAMO, Cuba A communist experiment is letting average government workers in this eastern city enjoy a few things only foreigners and monied Cubans can usually afford: a good burger, a kicking jazz bar and stiff cocktails. Across the rest of the island, monthly government salaries of 408 pesos, about $19.50, don't cover grocery bills, let alone a night out. But in Bayamo the central government has made a special effort to...

2008-07-23 18:00:43

Grupo Cementos de Chihuahua S.A.B. de C.V. ("GCC" or "the Company") (BMV:GCC*), a leading cement and concrete producer in the markets where it competes in Mexico, the United States and Bolivia, today announced consolidated results for the quarter ended June 30, 2008. During the second quarter of 2008 were generated double-digit volume growth in cement and concrete in the United States and Mexico compared to the first quarter of the year. These increases reflected more dynamic activity in...

2006-08-09 13:06:11

WASHINGTON (Reuters) - Argentina's double-digit inflation is not a delayed price adjustment from the nation's 2002 crisis, so Buenos Aires needs to promote investments and let the peso rise to ensure a soft economic landing, the IMF said on Wednesday. "Most directors regarded current inflation as more a consequence of aggregate demand growth that was not being met by a sufficiently rapid supply response than as a temporary phenomenon arising from a delayed relative price adjustment...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.