The indicator calculated by JP Morgan stands at 604, a drop of 24 points from Monday’s close.
Country risk eased during Tuesday’s trading session, driven by a positive performance in sovereign bonds.
The JP Morgan indicator stands at 604, down 24 points from Monday’s close, a result of sovereign bonds rising by as much as 0.9%.
Official spokesperson Adrián Ravier attributed the rise in country risk to external shocks stemming from the war in the Middle East and rising interest rates.
Stocks continue to struggle; the MERVAL index shows a downward trend of 0.9%, and most ADRs in New York are also retreating.
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