A financial analyst reviewing MSCI reports on Argentina in a Buenos Aires office, symbolizing unchanged market evaluation.
A financial analyst reviewing MSCI reports on Argentina in a Buenos Aires office, symbolizing unchanged market evaluation.
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MSCI kept Argentina evaluation unchanged

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Index provider MSCI published its annual accessibility review without recording advances in the Argentine market. The decision on a possible reclassification will be known on Tuesday, June 23.

On Thursday, June 18, MSCI released the Global Market Accessibility Review 2026. The document kept the local market evaluation unchanged and identified restrictions on capital flows, foreign exchange limitations and documentation available only in Spanish.

Analysts from PPI noted that the results showed no changes from the previous report. Sebastián Maril indicated that today's report does not mean a consultation period will not be announced next week.

Aldo Abram stated that a frontier market category could be a first step toward aspiring to emerging market status. Gastón Lentini explained that the main benefit would be to expand the universe of international funds allowed to invest in Argentine shares such as YPF and Grupo Galicia.

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Initial reactions on X highlight disappointment over MSCI's unchanged evaluation of Argentina, with many noting no progress toward frontier or emerging market status and tempered expectations for the June 23 decision. Analysts and users point to persistent issues like capital controls and FX restrictions as barriers, cooling optimism despite some reforms. Skeptical voices question the benefits of potential inflows for the broader economy, while financial accounts detail specific unchanged criteria in the review.

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Illustration of Argentina's flag and financial charts representing S&P rating upgrade
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S&P raised Argentina rating to B- and country risk fell to 437 points

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S&P Global Ratings upgraded Argentina's sovereign credit rating from CCC+ to B- on Friday. Country risk closed at 437 basis points, the lowest level since May 2018.

Argentine assets came under pressure on Friday, May 15, as country risk rose 2.5 percent to 538 basis points. The S&P Merval fell 1.4 percent in pesos and most ADRs closed in the red.

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Argentina's country risk index compiled by JP Morgan closed at 519 basis points on Thursday, May 21, 2026, after a sustained decline influenced by US Treasury bond yields.

Argentina's country risk index, measured by JP Morgan, closed on Tuesday, April 14, 2026, at 525 basis points, dropping below 530 points for the first time this year. The decline was driven by gains in sovereign bonds and central bank dollar purchases. The index has fallen nearly 90 points over the past week.

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The JP Morgan index closed on Monday, May 18, 2026, at 542 basis points, interrupting recent gains driven by local factors.

Argentina's country risk closed at 511 basis points on Tuesday, May 12, 2026, up 15 points from the previous close.

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The J.P. Morgan country risk index closed on Wednesday, June 17, 2026, at 435 basis points in Argentina. The figure marks a slight technical increase from the previous day, though it remains at the lowest levels since 2018.

 

 

 

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