For every coin of 25 cents made by the Royal Mint of Canada, the Panamanian government paid 19 cents.
Data collected from documents published on PanamaCompra by Prensa.com shows that "... This year, the MEF signed with the Canadian company a contract for the manufacture of 12 million coins in denomintions of 25 cents with a value of 2 million 280 thousand US dollars. "
Following the ending of the contract with the company Exact Change, which offers the service of exchanging currency, Aeris Holding Costa Rica has started procedures for selecting a new provider.
The company managing Juan Santamaria International Airport announced the end of the contract with the Spanish exchange services provider Exact Change, due to the fact that it has not completed the process of registering with the Central Bank of Costa Rica and the Superintendent of Financial Institutions. Therefore preparations are being made, for the coming months, to release specifications for a new tender for the service.
Appreciation of the quetzal against the dollar has affected the income of exporters who are asking the monetary authority to stop overvaluation of the local currency.
The President of the Guatemalan Association of Exporters (Agexport) reported that the strength of the quetzal is causing products in the country to be more expensive and therefore a change in monetary policy is needed.
The banking system's need to raise money in foreign currency and other internal factors are pushing rates upward.
This is the projection by Adriana Rodriguez, head of strategy at Aldesa. "In the U.S., information from the most recent meeting of the U.S. Federal Reserve has fueled speculation that the bank's policies to stimulate the U.S. economy are entering final stages," noted an article in Elfinancierocr.com.
Noble House Precious Metals Trading Group. Fine quality presious metals of gold, silver, and platinum coins, ingots, bars, and bullion in Panama.
Operates in Panama
Phone: (507) 67113643 - (321) 8727302
Management advisory firm that advises clients on issues in finance, strategy and governance, as well as on business development, raising capital.
Operates in El Salvador and Guatemala
Phone: (1) 2125450228
Represents the Company RTS INTERNATIONAL, Inc. of Kansas Cyty, TX, USA, for the territory of Guatemala and Central America. RTS finance exports through Factoring system.
Operates in Guatemala
Phone: (502) 2369 5408 - (502) 5709 2986