US EditionThe Dollar Is Trading at an All-Time High in Argentina, and Country Risk Rises as Milei's Plan Falters.
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11 Articles
Santa Maria Times
Independent EspañolBUENOS AIRES (AP) — The dollar reached a record high on Monday in Buenos Aires' official foreign exchange market, as country risk continued to rise amid uncertainty among investors…
The risk Argentine country exceeded 1,200 points after a new fall of sovereign bonds in dollars. The index measured by JPMorgan reached 1,232 units, its highest level since October 2024, amid the exchange rate pressure and political uncertainty that the country is going through after the result of the provincial legislative elections in which the ruling party had a greater defeat than expected. Months ago, President Javier Milei had stated that …
The Country Risk scaled to 1,140 basis points and reached the highest level in the last eleven months, while sovereign bonds increased their decline by registering falls of around 3%, amid the exchange rate tension that places the dollar near the roof of the band.
The country risk scaled to 1140 basis points, reaching its highest value in the last eleven months.The country risk scaled to 1140 basis points, reaching its highest value in the last eleven months According to JP Morgan's follow-up, the index recorded a new peak at the end of last week, driven by the low yield of the bonds in dollars.This occurs amid doubts about the country's solvency, given the possibility that reserves should be used to inte…
The Risk Country at Its Highest Point in Eleven Months Amid the Exchange Rate Tension - Real Economy
The country risk rose to 1140 basis points and reached the highest level in the last eleven months while sovereign bonds increase their decline by registering drops of around 3%, amid the exchange rate tension. The indicator produced by JP Morgan reached a new peak in almost a year at the close of last week and promises to continue its escalation hand in hand with the negative yield of the dollar securities, due to the uncertain picture on the a…
The Treasury bonds went down hard again this Monday, while Argentina's shares on Wall Street were mixed.
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