Global turbulence hits Argentina: country risk soars 400 points, and bonds fall up to 6%

The Argentine country risk index reached 2,788 basis points, its highest level since 2005, affected by heavy losses in oil prices and sovereign bond yields. Within this framework, Argentine shares listed in New York lose up to 15% in previous negotiations, the papers that fall the most are those of Banco Macro (15.13%), YPF (14.38%) and Grupo Financiero Galicia (10.56%).

Source: Ámbito

Categories: Macroeconomy/Finance