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Megacable Holdings SAB de CV (MEGACPO.MX)

MEGACPO.MX on Mexico Stock Exchange

25 Sep 2018
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Latest Key Developments (Source: Significant Developments)

EMERGING MARKETS-Argentina surprises with hike; Mexico, Brazil FX gain

(Recasts with Argentina rate hike) April 27 Argentina's central bank surprised markets on Friday by hiking its key interest rate and intervening with dollar sales to support its peso, while Mexico's and Brazil's currencies gained ground after steep, recent losses. Argentina's central bank unexpectedly raised its key rate by 3 percentage points to 30.25 percent after the Argentine peso slumped to an all-time low. The bank said it sold $1.38 billion on the spot market on F