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Montevideo, September 22nd 2023 - 00:38 UTC

Tag: Dante Sica Minister

  • Tuesday, October 23rd 2018 - 17:51 UTC

    Argentina hopeful about Mercosur-EU deal at G-20 Summit

     EU-Mercosur negotiators will be in a position to close a deal in Buenos Aires, Sica explained.

    Argentine Production and Labour Minister Dante Sica Monday said in Madrid he was confident the European Union and the South American Mercosur trade bloc would reach an agreement “as soon as possible,” hopefully by the G-20 Summit in Buenos Aires in late November.

  • Tuesday, June 19th 2018 - 08:35 UTC

    Argentina shores the Peso, stock market tumbles, ahead of 'Super Tuesday'

    Argentina's benchmark stock index tumbled on Monday by more than 8% in it its biggest one-day percentage loss since December 2014.

    Argentina's peso rose sharply on Monday as a new central bank chief took his first moves to shore up the battered currency, while escalating fears of a damaging trade war between the United States and China drove Latin American stocks down. The Argentine peso jumped after the central bank said it will hike bank's reserve requirements in a move expected to tighten local-currency liquidity after the latest run on the peso.

  • Monday, June 18th 2018 - 07:14 UTC

    Argentina's new minister suggests a US dollar between 28/29 Pesos as 'comfortable' for industry

    “The dollar at between 28 and 29 pesos is comfortable for the industrial sector. It will give us predictability,” Sica told Buenos Aires radio station La Once Diez.

    Argentina’s newly named Production Minister Dante Sica told a radio station on Sunday that an exchange rate of between 28 and 29 Pesos per dollar is “comfortable” for industry.Sica, an economist, was appointed on Saturday to replace Francisco Cabrera as part of a shake-up that also led to the appointment of a new central bank president and energy minister.