• 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

Argentine ADRs reverse losses and country risk falls to nearly 840 points

FinanceInternationalAmbitoAI summary
Image: Ambito

Argentine ADRs and dollar-denominated sovereign bonds reversed initial losses on Thursday the 12th in New York, in a volatile session and after three consecutive sessions of gains. Country risk fell below 850 basis points, to nearly 840. The MSCI Merval was up 0.8% at 84,061.94 points in pesos and its dollar counterpart rose 0.4% to 50.31 points. Central Puerto gained 4.3% and Transener lost 1.9%.

In 30 seconds

  • Country risk retreats below 850 basis points, to nearly 840
  • ADRs and dollar-denominated sovereign bonds reverse initial losses in New York
  • The MSCI Merval rises 0.8% to 84,061.94 points in pesos and 0.4% in dollars
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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