Facundo Rafael Iglesia Frezzini - Profile and Journalist Details
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Facundo Rafael Iglesia Frezzini
Verified
Reporter, Buenos Aires Herald
Argentina
Beats
human rights culture. technologypolitics environment
Business and Finance.
Content
By Facundo Rafael Iglesia Frezzini Verified| Buenos Aires Herald Verified U.S. multinational financial services firm JPMorgan recommended that investors participate in short-term carry trades in Argentina after the administration lifted several capital restrictions for individuals and companies this week. “We favor short term [foreign exchange] carry trades over longer-duration positions,” said the report issued on Tuesday. They also recommended buying LECAP Treasury bonds maturing in August.
By Facundo Rafael Iglesia Frezzini Verified| Buenos Aires Herald Verified The International Monetary Fund (IMF) has made the first disbursement of the US$20 billion deal it struck with Argentina last week. A source in the Central Bank told the Herald that the payment totaled US$12.3 billion in Special Drawing Rights (SDRs, the lender’s currency). On the same day, the Central Bank announced that foreign investors will be allowed to access the official exchange rate market, with a six-month minimum parking period.
By Facundo Rafael Iglesia Frezzini Verified| Buenos Aires Herald Verified U.S. multinational financial services firm JPMorgan recommended that investors participate in short-term carry trades in Argentina after the administration lifted several capital restrictions for individuals and companies this week. “We favor short term [foreign exchange] carry trades over longer-duration positions,” said the report issued on Tuesday. They also recommended buying LECAP Treasury bonds maturing in August.
Company Info
Buenos Aires Herald
The Buenos Aires Herald is an English-language newspaper with a rich history in Argentina, founded in 1876 by Scottish immigrant William Cathcart. Initially a weekly focused on shipping news, it evolved into a daily publication serving the English-speaking community in Buenos Aires. Over its more than 140 years, it became a key source of information for British and American residents, known for its editorial independence and courageous journalism, particularly during Argentina’s military dictatorship. After ceasing print publication in 2017, the Buenos Aires Herald relaunched as an online newspaper in March 2023. It continues to provide comprehensive news coverage on local, national, and international events, focusing on the needs of expatriates and immigrants. The newspaper is recognized for its commitment to unbiased reporting and human rights, maintaining its legacy of serving the English-speaking community in Argentina.