Argentina country risk nears 600 points as peso hits new record low

Argentina's country risk index rose for a ninth consecutive session, approaching 600 points, its highest in five months, while the peso-dollar rate marked a new nominal record and Argentine assets fell again. The move is driven largely by external factors, with the US Treasury paying close to 5% a year, raising the cost of emerging-market issuance.

Detected & updated continuously · Source: Nebula