Ámbito Financiero is an Argentine

Argentina

Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

 newspaper

Newspaper

A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...

 founded on December 9, 1976 by economist

Economist

An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 Julio A. Ramos

Julio Ramos

Julio A. Ramos was an Argentinian journalist and businessman. On 9 December 1976 he founded Ámbito Financiero, a newspaper specializing in finance and economy that was later expanded to cater to a wider audience.Ramos received a degree in Economics from the University of Buenos Aires and worked as...

. It was initially sold in downtown Buenos Aires

Buenos Aires

Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...

, covering mainly the daily prices of the U.S. dollar

United States dollar

The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

, gold

Gold

Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

, stock

Stock

The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

s, etc., and included other editorials.

The newspaper became successful, making it a reliable source of reference to investor

Investment

Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

s and operators of the city. Despite featuring a plain page design, today Ámbito Financiero is considered to be an economic newspaper with an editorial style comparable to the Financial Times

Financial Times

The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

or Wall Street Journal newspapers; Ámbito Financiero was acquired by Orlando Vignatti in 2008.