Tag: Inter-American Development Bank’s (IDB)

• Saturday, December 19th 2015 - 06:18 UTC

  Argentina's foreign exchange market slowly adapting to new rules with no major surprises

  

  The US dollar in Argentina's foreign exchange market plunged on Friday 35 cents to 13.60 Pesos on the second day since President Mauricio Macri's administration decided to put an end to official restrictions for the purchase of greenbacks and other dealings with foreign currency.

• Wednesday, May 13th 2015 - 08:14 UTC

  Remittances to Latin America and Caribbean beat the 2008 pre-crisis record

  

  Remittances to Latin America and the Caribbean set a new record high in 2014 with 65bn dollars basically supported by the recovery of the economy and labor market in the United States, according to the latest release from the Inter American Development Bank.

• Friday, October 3rd 2014 - 07:23 UTC

  Argentina: Vanoli meets Cristina Fernandez and begins working at the central bank

  

  In his first activity since his designation as the new chief of the Argentine Central Bank, Alejandro Vanoli met on Thursday President Cristina Fernandez and Economy Minister Axel Kicillof in Olivos.

• Tuesday, August 5th 2014 - 06:21 UTC

  IDB finances photovoltaic solar energy project for private sector in Uruguay

  

  The Inter-American Development Bank (IDB) has approved a 40.9 million dollars loan from its ordinary capital and 25 million from the Canada Climate Fund, which is administered by the Bank, to finance the private sector in Uruguay in the construction, operation and maintenance of a photovoltaic solar energy plant and its related facilities.

• Monday, April 7th 2014 - 21:24 UTC

  Latam and Caribbean migrants remittances total over 60bn dollars annually

  

  A new study by the Inter-American Development Bank’s (IDB) Multilateral Investment Fund (MIF) and the Inter-American Dialogue has shed light on the financial behavior of Latin American and Caribbean migrants, finding that there is need for formal savings products for remittance clients.