Country Risk Jumped and Climbed to 829 Basis Points
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11 Articles
The index measuring Argentine risk reached the highest value in four months. Meanwhile, the ADRs on Wall Street recovered after the beating of the beginning of the week, and the bonds in pesos rebounded against alleged official intervention.
The indicator developed by J.P. Morgan based on bond performance jumped from 560 basis points in January to the current 829.
The government is urged to lower the country's risk of obtaining financing to face the debt, but the climate is increasingly tense.
Shares and bonds had mixed results this Tuesday with a cut of losses compared to the previous day, while the Country Risk rose and reached a maximum in four months. The Merval closed this Tuesday with a 0.57% rise located at 2,033,345.20, after losing yesterday 4%. In a leading panel with. most increases, the rise of Transportadora Gas del Norte (4.33 per cent), Central Puerto (3.58 per cent) and Transener (2.63 per cent) was highlighted. The hi…
The dollar remained stable at around $1,370 in the Banco Nación. But sovereign bonds fell and the country risk jumped by almost 100 points. Uncertainty is marked by the scandal in Andis. The dollar closed stable Tuesday at $1,370 in the Banco Nación, although the economic data of the day was the jump of the country risk, which climbed to 829 basic points. The increase, close to 100 units, reflects the sharp fall of Argentine bonds amid political…
The financial indicator showed a strong increase. It is the largest rise since April, before the departure of the stocks and the agreement with the International Monetary Fund. The entry Country Risk rose again and was placed in the 829 points: the causes were first published in #BorderPeriodismo.
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