In the midst of the global meltdown, Argentina’s country risk exceeded 3,000 points

The country risk, which measures the debt relief surcharge that the country must face, exceeded 3,000 points for the first time since 2005. Although the market attributes it to the coronavirus pandemic, this indicator is advancing more in Argentina than in other territories. In one month it has already risen 60%, closed at 3,225 points and during the day had bordered on 3,300. The Merval dropped 9.76%. In addition to the adverse international environment, there is also uncertainty about the local trade-off offer.

Source: Ámbito