• TRM (USD/COP)COP 3,297.07 +0.83% +COP 27.19Colombia's official exchange rate (Financial Superintendence), valid Nov 11 to Nov 12
  • EuroCOP 3,653.47 -0.36% -COP 13.38Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote
  • Mexican pesoCOP 176.40 +0.09% +COP 0.16Reference: TRM crossed with the European Central Bank rate of Nov 12; not the market quote

Argentina's dollar: official rate at 1,570 pesos and blue at 1,565 as country risk stands at 841 points

FinanceInternationalClarin.comAI summary
Image: Clarin.com

The official dollar holds at 1,570 pesos for sale and 1,520 for purchase at Banco Nación, while the blue dollar falls to 1,565 in the informal market. Country risk, measured by JP Morgan's EMBI, drops 1.3% to 841 basis points after Wall Street reopened. The government placed 8.87 trillion pesos in debt and rolled over 84% of the week's maturities. The MERVAL falls 1.8% and ADRs drop as much as 5.5%.

In 40 seconds

  • Official dollar unchanged: 1,570 pesos for sale and 1,520 for purchase at Banco Nación; the blue falls to 1,565.
  • Country risk drops 1.3% to 841 basis points, though it is up nearly 7% in the month and 47% in the year.
  • The government placed 8.87 trillion pesos in debt and rolled over 84% of the week's 10.6 trillion pesos in maturities.
Read the full story at Clarin.com

IASummary generated by artificial intelligence from a story by Clarin.com. It may contain errors: the original source prevails.

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