On Wall Street, Argentine stocks traded in a mixed fashion, with very pronounced ups and downs. AP photo
With the blue dollar starting this Friday with a new jump, to $ 350 (and then falling to $ 340), country risk it is close to 3,000 basis points.
This indicator prepared by JP Morgan, which measures the difference between the rate paid by US Treasury bills compared to those of the rest of the countries, touches 2,953 points.
It is necessary to go back to May 14, 2020, five months before the Martín Guzmán swap, to find a higher value (3,040).
Country risk measures the evolution of dollar bonds with some delay, so it generally shows recent declines. This Friday, for example, stocks in the country fell less than 1%, while on Wall Street they recovered slightly.
In any case, there were still cases where the stocks were traded less than $ 18 each $ 100.
Meanwhile, Argentine stocks listed on Wall Street are not showing a single trend. There are drop up to 5.5% (like the French Bank) e increases up to 6% (Edenore).
Source: Clarin
