Buenos Aires Herald The Argentina Central Bank regulated the CEDIN, a trade bond that allows its holder to purchase property and use it as an alternative method to paying with US dollars in order to acquire real estate assets or any other transaction as long…
Bloomberg – By Eliana Raszewski A dollar-denominated central bank certificate created to encourage the investment of undeclared funds in Argentina’s flagging real estate market will fail to reverse a decline in transactions, according to 67 percent of respondents in a survey by website Reporte Inmobiliario. About 30 percent of…
The Wall Street Journal – By Shane Romig BUENOS AIRES–Argentina’s construction activity showed a moderate rebound in April, although the pace of building continues to suffer from government capital controls that have made the U.S. dollars traditionally used for real-estate transactions scarce. Construction activity in April…
The Wall Street Journal – By Ken Parks BUENOS AIRES–Argentina’s government will ask Congress to approve legislation that will allow Argentines to invest their undeclared U.S. dollar savings in local bonds to finance energy and construction projects, Economy Minister Hernan Lorenzino said Tuesday. Argentines are…
This article appeared May 3, 2013, on page M3 in the U.S. edition of The Wall Street Journal, with the headline: Foreign Buyers With Cash Can Tango in ‘Paris of South America’. Roderick Chapman, a 50-year-old marketing specialist from Vancouver, British Columbia, was in Buenos…
Buenos Aires, Argentina
Local Date and Time:
Friday, 15 June 2012
03:25:43p.m. (GMT -03:00)
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