Argentina's country risk tops 700 points and the official dollar hits a nominal record of 1,550 pesos
The country risk index compiled by JP Morgan rose 35 units to 709 points, a one-year high, while the official dollar sold at 1,550 pesos at Banco Nación, a nominal record, and the blue dollar at 1,570. Argentine bonds fell as much as 1.5% and Argentine stocks in Wall Street dropped as much as 6%, with Ternium (-5.9%), Tenaris (-4.3%) and Banco Macro (-3.4%) among the hardest hit. The rise deepened after August economic activity data showed stagnation.
In 40 seconds
- JP Morgan's country risk index rose 35 units to 709 points, a one-year high
- The official dollar sold at 1,550 pesos at Banco Nación and the blue dollar at 1,570
- Argentine bonds fell as much as 1.5% and Argentine stocks in Wall Street dropped as much as 6%
IASummary generated by artificial intelligence from a story by TN. It may contain errors: the original source prevails.




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