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Argentina country risk hits 12-month high amid market volatility
Argentina's country risk index, measured by JPMorgan, experienced significant volatility, reaching an intraday peak of 710 basis points—its highest level since October 2025. While the indicator saw a morning surge, it later moderated to close between 672 and 684 points.
The escalation follows a period of rising pressure on Argentine sovereign bonds and local equities. In the international market, factors such as rising oil prices and expectations of restrictive monetary policies from the U.S. Federal Reserve have contributed to investor caution regarding emerging markets.
Government officials, including Economy Minister Luis Caputo, have attributed the increase to global uncertainty and external factors rather than domestic policy failures. Despite the rise in risk, some analysts note that the country maintains solid fiscal fundamentals, including a primary surplus and accumulating central bank reserves. However, market participants remain focused on political uncertainty ahead of future elections and the sustainability of the current economic program.
Entities
Adrián Ravier · Argentina · Banco Central de la República Argentina · Edenor · Federal Reserve · JP Morgan · JPMorgan · Javier Milei · Luis Caputo · United States · Venezuela · Wall Street
Claims
What the coverage asserts, and how many sources carry each claim.
- [DISPUTED] Argentina's country risk index rose to approximately 675-678 basis points. laverdadonline.com · www.ellitoral.com.ar · www.cronica.com.ar · diariopampero.com · www.lavozdesanjusto.com.ar · +7 more
- [● 3 SOURCES] Rising US inflation and potential Federal Reserve interest rate hikes are driving the increase in risk. www.cronica.com.ar · catamarcadigital.com · saltadiario.com.ar
- [● 17 SOURCES] The country risk level reached its highest point in the last 12 months. laverdadonline.com · www.ellitoral.com.ar · www.cronica.com.ar · diariopampero.com · www.lavozdesanjusto.com.ar · +11 more
- [● 12 SOURCES] Argentine stocks listed in New York, such as Edenor, experienced significant declines. laverdadonline.com · www.ellitoral.com.ar · www.cronica.com.ar · www.lavozdesanjusto.com.ar · vilmetal.com.ar · +6 more
- [○ 1 SOURCE] Investors are cautious regarding liquidity needs for upcoming budget years. www.cronica.com.ar
- [● 10 SOURCES] The country risk has accumulated an 11.2% increase during the current month. laverdadonline.com · www.ellitoral.com.ar · www.cronica.com.ar · www.lavozdesanjusto.com.ar · lapioneradeclorinda.com · +4 more
- [● 3 SOURCES] The official dollar rate reached $1540 for sale at Banco Nación. www.cronica.com.ar · vilmetal.com.ar
- [● 9 SOURCES] The indicator increased by over 4% compared to the previous close. laverdadonline.com · www.ellitoral.com.ar · www.cronica.com.ar · www.lavozdesanjusto.com.ar · vilmetal.com.ar · +3 more
- [● 6 SOURCES] Presidential spokesperson Adrián Ravier attributed the risk increase to global uncertainty. contrapunto.com · sanluis24.com.ar · diariopampero.com · nogoyatimes.com
- [● 2 SOURCES] Argentina has the second highest country risk in Latin America, behind Venezuela. nogoyatimes.com · vilmetal.com.ar
- [● 12 SOURCES] The country risk index reached a maximum of 710 points during the morning. lagacetaonline.com.ar · palermotour.com.ar · airevision.com.ar · saltadiario.com.ar · www.moncloa.com · +7 more
- [● 3 SOURCES] The risk index rose by 4.2% compared to the previous close. lapioneradeclorinda.com · necocheanews.com.ar · www.eldia.com