What Pressures the Country Risk? The Reasons that Prevent Argentina From Drilling the Line of the 400 Points
3 Articles
3 Articles
In the first weeks of the month, the indicator developed by JP Morgan accumulates a rise of more than 40 points in an unfavorable context for emerging countries and market concern in the face of presidential elections
The country risk increased 8.4% so far in August. The Treasury had to raise almost 300 basic points the rate of the Lecap to support the carry trade. The country risk closed at 474 basis points, with a rise of 1.9%, and it was at its highest level since June 10, when it had ended at 503 points. Only during August the country risk accumulated a rise of 36 points, equivalent to 8.4%. The financial variables that for much of the year accompanied th…
Analyst Mayra Pascual highlighted that the government achieved a 100% rollover in the last tender, although she warned about the deterioration of the country's risk and the fall of Argentine shares. Read more
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
