Financial Day: with Good News From Wall Street, Argentine Stocks and Bonds Recovered

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The dollar ended at $1,205 in the National Bank, after having been negotiated at $1,210, its highest price since May 6. Reserves rose to $41,528 million, a new peak in the Milei era. The S&P Merval won 0.7% and the bonds in dollars, 0.4%.

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The research team of Citigroup Inc. (C) published a report on Argentine assets, in which it confirmed its constructive stance on bonds issued by the national state and also in relation to some actions of national companies. At the same time, it warned about the risk of some surprise, negative in the eyes of the market, at the electoral level. On the other hand, Citi analysts stressed that “the government continues to advance in the consolidation…