Here is an excerpt from a filing.
"It is worthwhile to note that all customer sales contracts are denominated in US$ and the (Argentine) AR$ has been devaluing against the US$. Over 2012 the devaluation was 14.1% and over the first six months of 2012 devaluation has been 9.5%"
So if the company is based in Argentina, is this good or bad for the company? Please explain. I'm a little confused.