Argentina's country risk closes at 525 points in optimistic session

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.

JP Morgan's country risk index consolidated its downward trend on Tuesday, April 14, opening at 528 points, with a high of 530 and low of 517, according to Rava Bursátil. This daily compression reflects average 1.5% gains in dollar bond parities, amid optimism from central bank reserve accumulation, with daily purchases exceeding 150 million dollars.

Over the past week, the index fell from 611 points on April 6 to 528 on April 13, breaking key resistances. Analysts credit the improvement to monetary intervention and a break from late March volatility, placing the index at yearly lows.

Sovereign bonds like AL41 and AL30 closed up 0.8% and 0.3%, respectively, while Argentine stocks traded mixed. Global markets also showed optimism, with New York and European exchanges rising, despite Middle East tensions.

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Celebratory scene in Buenos Aires financial district as Argentina's country risk drops to 513 basis points, lowest in over seven years, amid Central Bank reserve gains.
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Argentina's country risk drops to 513 points, lowest in seven and a half years

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Argentina's country risk, as measured by JP Morgan, closed on Monday, January 26, 2026, at 513 basis points, its lowest level since mid-2018. This 2.5% drop from Friday stems from the Central Bank's reserve accumulation exceeding US$1 billion in January. Markets view these developments as signs of improved financial solvency.

Argentina's country risk indicator, compiled by JP Morgan, closed at 504 basis points on Monday, February 9, 2026, following a recovery day for sovereign bonds. The drop was driven by gains in dollar-denominated public securities and a stable exchange environment. The Central Bank built reserves exceeding 45 billion dollars.

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Argentina's Country Risk closed on Thursday, February 19, 2026, at 524 basis points, up from the previous close of 515 points. This rise occurred amid a decline in dollar-denominated sovereign bonds, both locally and on Wall Street. The JP Morgan-measured indicator highlights market volatility and focus on the country's public accounts.

Argentina's dollar blue closed on Friday March 27 at $1.395 for purchase and $1.415 for sale, down $10 during the day. Other financial dollar types hovered around $1.470. Country risk stood at 6,105 basis points.

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Six Wall Street financial entities identified Argentina as one of the most exposed emerging economies to an external shock, such as rising oil prices due to the Middle East conflict. Economy Minister Luis Caputo urged entrepreneurs to deposit dollars into the financial system at a forum in Mendoza. These vulnerabilities include low reserves and dependence on external financing.

Argentina's Central Bank released its latest Market Expectations Survey, drawing from 45 analysts' projections, estimating 2.4% inflation for January 2026 and a dollar rate of $1,475 in February.

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The Ibovespa fell 0.61% on Friday, March 6, closing at 179,300 points, impacted by the Middle East war and a weak US payroll. The conflict involving the United States, Israel, and Iran drove up oil prices, raising global inflation concerns. Analysts see room for US interest rate cuts, but risks remain.

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