Argentina Markets Close Worst August Since February as Merval Sinks and Country Risk Jumps

ARGENTINA · MARKETS Key Facts —Stocks: The S&P Merval fell 7.8 percent in pesos and 9 percent in dollar terms in August, its worst month since February, dragged down by banks on record loan delinquency. —Risk: JP Morgan’s country-risk index ended August at 512 basis points, up 19.1 percent on the month after touching 535, […] The post Argentina Markets Close Worst August Since February as Merval Sinks and Country Risk Jumps appeared first on The Rio Times.

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