Bloomberg Holds First Foreign Exchange Summit in Argentina

Source: PR Newswire (news provided by Bloomberg)

BUENOS AIRES, Dec. 15, 2016 /PRNewswire/ -- Argentine corporations seek to improve operational efficiency in their treasury operations, financial executives in Buenos Aires said at Bloomberg's first Foreign Exchange Summit there.

Bloomberg invited corporate executives to discuss the role that Argentina plays in the markets now, as well as the challenges and opportunities available to it in a panel discussion, "The myths and realities of the financial opening in Argentina".

"Argentina has tremendous potential," said Tod Van Name, Bloomberg's Head of Global FX and Commodities electronic trading. "Investors around the world are taking a hard look at recent changes and are interested in knowing much more about future opportunities."

International investors need to come to the local market to perceive the depth and bridge the gap, benefitting companies that need investments for USD30 million to USD150 million, said Horacio Aguilar, the Regional Managing Director of Puente Investment Banking, one of the speakers at the Bloomberg summit.


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