Argentina's country risk, measured by JP Morgan, closed at 557 basis points on Friday, April 24, 2026, according to Rava Bursátil data. The rise reflects investor caution amid Middle East geopolitical tensions and local macroeconomic doubts.
Argentina's country risk indicator closed at 557 basis points on Friday, April 24, 2026, up 1.5% from the previous day, according to JP Morgan's measurement and Rava Bursátil records. This level marks a high not seen in over two weeks, the highest since April 8 at 570 points.
Over the week, the index showed volatility: it closed at 526 points on Monday, April 20, and rose to 549 on Thursday, April 23. The upward trend occurred amid global tensions, with Iran releasing images of commandos boarding a ship in the Strait of Hormuz and reports of attacks on hostile targets, pressuring oil prices and sparking Wall Street volatility.
Local factors also played a role, including persistent macroeconomic doubts. The country risk measures the premium Argentina pays over U.S. Treasuries to borrow, reflecting market perceptions of its repayment capacity.
Meanwhile, the S&P Merval rose 0.3% but fell in dollar terms, dollar bonds lost ground, and the official dollar closed at $1,370/$1,420 at Banco Nación.
