• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
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Argentina's country risk consolidates above 700 points while ADRs rise up to 3.3%

FinanceInternationalAmbito35 s readAI summary
Image: Ambito

Argentina's country risk rises 0.9% to 710 basis points, consolidating above 700, with a 77% surge over three months. Global bonds fall up to 0.6% on Wall Street and accumulate declines of up to 6.6% in a month. In contrast, Argentine stocks and ADRs trade mostly higher: Cresud (+3.3%), Grupo Supervielle (+3.2%) and BBVA (+2.5%), while the MSCI Merval gains 2.8% to 100,736.190 points.

In 35 seconds

  • The country risk index, compiled by J.P. Morgan, rises 0.9% to 710 basis points and is up 77% over three months.
  • Global bonds fall up to 0.6% on Wall Street and accumulate declines of up to 6.6% in a month.
  • ADRs rise: Cresud +3.3%, Grupo Supervielle +3.2% and BBVA +2.5%; the MSCI Merval gains 2.8%.
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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