Argentina country risk tops 745 points, a one-year high, up 300 since July

Argentina's country risk index (JP Morgan) touched 745 points, a one-year high, up 300 units since July, driven by the impact of Lula's re-election in Brazil. Despite the fiscal surplus and central bank FX purchases, the market prioritises the pre-election social climate and the fragility of reserves over macroeconomic balances.

Detected & updated continuously · Source: Nebula