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2 clusters · 2 sources · 24 days · First seen · Last updated

Argentina economic volatility and rising costs

Overview

Argentina is facing heightened economic instability, characterized by a significant rise in country risk. The JP Morgan country risk index reached 655 basis points in early October, its highest level since November 2025, driven by domestic macroeconomic concerns and rising U.S. Treasury yields.

During this period, the currency market experienced fluctuations, with the blue dollar quoted at 1,555 pesos. To manage these pressures, the Central Bank of Argentina resumed active interventions, bringing gross international reserves to 48.653 billion USD. The Treasury also faced substantial maturities totaling approximately 27 trillion pesos throughout October.

Further complicating the economic landscape, construction costs in U.S. dollars rose to 59% above the 15-year historical average. This cost increase has occurred alongside weakening sector activity, including a 4.4% year-on-year decline in August and the loss of approximately 4,000 formal jobs in July.

Entities

Argentina · Dominican Republic · Central Bank of Venezuela · J.P. Morgan · Cohen

Timeline

  1. [BUSINESS] 2 sources
    Construction costs rise in Argentina and Dominican Republic

    Construction costs are rising in Argentina, where dollar-denominated costs are 59% above the 15-year average, and in the Dominican Republic, driven by a 7.1% increase in labor costs.

  2. [BUSINESS] 21 sources
    Argentina economic risk rises as country risk hits 11-month high

    Argentina's country risk rose to 655 basis points, its highest since late 2025, amid rising U.S. rates. The Central Bank is purchasing USD as reserves reach $48.65 billion and the Treasury faces heavy October's

Sources

diariopampero.com · noble94digital.com