The Country Risk Jumped to 511 Points and Took Off From Its Emerging Peers
7 Articles
7 Articles
While the indicator rose more than 100 points since the beginning of July in Argentina, the regional average almost did not move; analysts point out international and technical factors, but also a greater political risk and doubts due to the weakness of the economy
The indicator of JP Morgan reached 511 basic points and accumulates a rise higher than 17% in August. The fall of Argentine bonds coincides with a more adverse international scenario, but analysts warn that the deterioration also responds to domestic factors and greater uncertainty in the face of 2027. Read more
In the midst of the financial volatility that led to country risk above 500 basis points, President Javier Milei confirmed the economic direction and ruled out any modification in the fiscal adjustment program. After it was confirmed that the National Treasury again recorded financial surplus in July, the head of state supported the...
JP Morgan's indicator rebounded in the last two months after he was about to break the 400 points.
The sovereign bonds in dollars deepened the losses, while the Argentine shares also operated in decline.
The local market resumed the activity after the holiday with a new rise in the country risk, which only has 3 units to reach the 500 basis points.The Ministry of Economy announced the fiscal result of July a few minutes after the opening of the financial and stock market, but the financial and primary surplus were not enough to affect positively among the operators.On the contrary, the eleventh consecutive daily rise of the sovereign risk is com…
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