• TRM (USD/COP)COP 3,301.91 +0.15% +COP 4.84Colombia's official exchange rate (Financial Superintendence), valid Nov 13 to Nov 13
  • EuroCOP 3,649.29 -0.53% -COP 19.38Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote
  • Mexican pesoCOP 177.59 +0.50% +COP 0.89Reference: TRM crossed with the European Central Bank rate of Nov 13; not the market quote

Dollar bonds reverse early gains and Argentina's country risk jumps above 840 points

FinanceInternationalAmbitoAI summary
Image: Ambito

Argentine dollar-denominated sovereign bonds reversed early gains in the last session of the week, with most trading lower led by the Global 2046 (-1.1%). The country risk measure by J.P. Morgan rose 1.4% to 841 basis points after October inflation accelerated to 2.2%, the highest reading since April. Meanwhile, Nvidia announced the departure of its CEO and chairman, Jensen Huang, effective immediately; Colette Kress takes over as interim CEO.

In 40 seconds

  • Argentina's country risk rose 1.4% to 841 basis points, with dollar bonds mostly lower and the Global 2046 down 1.1%.
  • October inflation in Argentina was 2.2%, the highest since April, with 26.3% accumulated this year and 33.1% year on year.
  • Nvidia announced the immediate departure of its CEO and chairman, Jensen Huang; Colette Kress, until now CFO, becomes interim CEO.
Read the full story at Ambito

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

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