Argentina's country risk rose 14 basis points on February 5, 2026, amid international tensions and the arrival of an IMF technical team for the second review of the country's credit agreement. This followed a drop below 500 points for the first time in eight years the prior week. Stocks fell up to 8% and the official dollar declined 5 pesos.
Argentina's financial markets showed volatility on February 5, 2026, as a technical team from the International Monetary Fund (IMF) arrived to conduct the second review of the credit agreement. The JP Morgan country risk indicator rose 14 basis points amid heightened international tension, reversing some gains from January 27 when it had fallen to 494 points—its lowest since 2018.
Stocks of Argentine companies on Wall Street declined significantly, with drops of up to 8%. The official dollar quotation fell 5 pesos. This comes shortly after an IMF payment on February 1 and amid ongoing economic stabilization efforts.
Currency markets were monitored, including the blue dollar, MEP, CCL, and crypto dollars, with no general exchange restrictions. Bank purchases have been unlimited since April, though a 30% surcharge applies to the card dollar for overseas spending. The focus remained on equity declines and the IMF visit's market impact.
