Tag: Alejandro Vanoli

• Sunday, March 15th 2015 - 02:33 UTC

  Argentina will keep to its monetary policy despite a 20% devaluation of the Brazilian Real

  

  Argentina’s central bank governor Alejandro Vanoli said that despite the continued erosion of the Brazilian currency against the US dollar, which ended the week trading at 3.28 Real to the greenback, monetary policy will continue to manage the foreign exchange to avoid volatility and ensure economic growth.

• Friday, March 6th 2015 - 06:56 UTC

  Argentine central bank chairman defends the 50-peso Malvinas bill

  

  Argentina's Central Bank Governor Alejandro Vanoli defended the new 50-peso banknote which features the Falklands/Malvinas Islands, after it was belittled by the a minister of state at the British Foreign Office.

• Tuesday, February 24th 2015 - 04:03 UTC

  Argentine 50-Peso bill in March dedicated to “Malvinas Islands. A sovereign love.”

  

  Argentina's Central bank will make available next March the new 50-peso bill paying tribute to Argentina’s sovereignty over the resource-rich archipelago, under the slogan “Malvinas Islands. A sovereign love.”

• Monday, January 19th 2015 - 07:48 UTC

  Cristina Fernandez meets with economist Piketty expert on wealth distribution

  

  Argentine President Cristina Fernandez met with Thomas Piketty at the Olivos official residence for two hours on Saturday as part of the French economist's tour of Latin America.

• Monday, January 19th 2015 - 07:36 UTC

  Argentine central bank confirms policy restricting access to foreign currency

  

  Argentina will not end its controls restricting access to foreign currency in the near term, Central Bank President Alejandro Vanoli was quoted as saying in an interview published on Sunday in the government supported newspaper Pagina 12.

• Thursday, December 11th 2014 - 11:29 UTC

  Argentine argues before NY Appeals court the central bank is not an 'alter ego' of the administration

  

  Lawyers representing the Argentine government and the Central Bank have defended the country's stance on the debt conflict in a hearing with the New York Second Circuit Appeals Court, rejecting the notion that holdout investors could confiscate reserves or assets belonging to the financial entity.

• Monday, November 24th 2014 - 06:37 UTC

  Argentine central bank discards 'any devaluation' of the Peso in 2015

  

  The head of Argentina's Central Bank Alejandro Vanoli reaffirmed that “there won’t be a devaluation” of the Peso next year and stressed that the government of President Cristina Fernandez will not give in to pressure from the financial market and the export sector.

• Thursday, November 6th 2014 - 07:22 UTC

  Argentina and hedge fund NML Capital ratify their commitment to keep fighting

  

  Argentine Central bank chief Alejandro Vanoli, said the country will be not getting down on its knees in a negotiation with 'vulture funds' (hedge funds), once the January first date comes and the controversial RUFO clause, (preventing Argentina from voluntarily offering holdout creditors better terms than those of its 2005 and 2010 restructurings), falls.

• Monday, October 20th 2014 - 07:08 UTC

  Argentine Central bank chief downplays any chance of devaluation of the Peso

  

  Argentina's newly-appointed Central Bank (BCRA) governor Alejandro Vanoli claimed a “devaluation attempt” by 'concentrated powers' and rejected any official plans to downward the value of the country’s currency. He pledged to discourage speculation and to “put an end to abuses from financial institutions.”

• Tuesday, October 7th 2014 - 05:46 UTC

  “Blue” dollar in Argentina further plummets as market waits for new rules

  

  The US 'blue' or informal dollar plunged 35 cents at the end of trading on Monday in Argentina to 14.95 Pesos after dropping another 20 cents last Friday, amid uncertainty about the new Central bank authorities policies and what is anticipated will be tighter controls on 'illegal' trading.