US EditionMarkets: Argentine Stocks and Bonds Fall on Wall Street and Country Risk Approaches 1,100 Points
11 Articles
11 Articles
ADRs and Global Bonds fall by third wheel in a row, despite the upward trend of international stock exchanges
The official dollar started Tuesday with a $35 raise compared to the closing of the first wheel of the week, and then back up and quoted at $1,400. On the other hand, the shares and bonds fall, bringing the Country Risk above 1.140 points. The exchange rate at Banco Nación is set at $1,350 for purchase and $1,400 for sale, after reaching $1,415 at the beginning of the session. Meanwhile, the blue scale $15 for Monday’s closing, so it is offered …
This Tuesday in the financial thing remains the uncertainty. Today the fall of the shares in Wall Street is recorded. As the risk country is approaching 1100 points. On the other hand, the sovereign bonds reflect a profit of 1%, after three days in decrease. Today the president Javier Milei has referred to...
This is due to the restrictions imposed by the Government on the purchase of foreign currency, and the country’s risk exceeded 1,100 points.
The sovereign bonds foreign law operated downwards this Monday, with drops of up to 2.5%, while the local laws marked more pronounced casualties of up to 3.3% and failed to lift heads from three wheels. The ADRs also retreated up to 3.4% on the Wall Street panels. This occurs after the return of the cross-restriction, which prevents those who buy official dollar from operating the financials for 90 days, and in a context in which the market has …
Following the new regulation to arbitrate the financial dollars and the official, the focus of the market lies in the accumulation of reserves.
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