The JP Morgan index closed at 417 basis points on Thursday, July 2, its lowest level since 2018. Argentine bonds and stocks rose in Wall Street while the official dollar remained stable.
Argentina's country risk broke below the 420-point barrier and ended at 417 units on July 2. The JP Morgan index declined driven by gains in dollar-denominated sovereign bonds, which rose up to 0.8%.
Meanwhile, Argentine shares listed in Wall Street advanced as much as 4.2%, led by Loma Negra. The S&P Merval gained 1% and closed at 3,159,675 units.
The official dollar remained unchanged at 1,510 pesos for sale at Banco Nación. The blue dollar traded at 1,525 pesos, while MEP and CCL recorded slight changes.
Tax collection in June fell 7.4% in real terms, according to official data.
