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Argentina raises rates as peso plummets

2018-08-30 17:57:45| BBC News | Business | UK Edition

Central bank raises benchmark interest rate in an effort to stabilise the country's financial crisis.

Tags: rates argentina peso raises

Argentina in big rate rise as peso slumps

2018-05-04 09:00:29| BBC News | Business | UK Edition

The central bank raises interest rates for the second time in a week as the peso continues to fall sharply.

Tags: big rate argentina rise

America Movil Q4 losses widen on weaker peso, underlying revenue higher

2018-02-14 08:22:00| Telecompaper Headlines

(Telecompaper) America Movil saw its net loss nearly double in the fourth quarter, to MXN 11.3 billion from MXN 6.0 billion a year ago. The company was hurt by the depreciation in the Mexican peso versus the US dollar and euro. EBITDA rose 6.8 percent to MXN 70.2 billion, and operating profit was up 10.9 percent to MXN 28.6 billion, supported by improving economic conditions, the company said.

Tags: america higher revenue underlying

Lower Yen and Peso Expected to Pressure US Pork Exports Demand

2016-12-06 01:00:00| ThePigSite - Industry News

US - H@ms Marketing Services says the lower value of the Japanese yen and Mexican peso, compared to the US dollar, could influence the export demand needed to clear a heavy supply of pork being produced in North America, writes Bruce Cochrane.

Tags: lower expected pressure demand