The Argentine peso closed on Friday and confirmed the trend for the week, a situation that at the discretion of the operators leaves according to the central bank (BCRA) after the recent instrumentation of exchange restrictions.
► Oil falls but would record weekly rise in the face of possible US negotiations. and China
► China cuts reserve requirements and releases up to US $ 126,000 mlls. for credits
The wholesale currency The South American country won 0.39% on the day, at 55.80 / 55.82 units per dollar, to accumulate a collapse of 18.80% since the August primary elections and up 6.63% this week.
The country risk that measures JP Morgan 159 units retreated, to 2,030 basis points (2005 GMT), when last Tuesday it reached close to 2,600 points since 2005, in full sovereign debt restructuring. Over-the-counter bonds gained 2.9% on average, following increases of 7.5% in the previous two days.
Argentine markets began to collapse on August 12, a day after the Government of Mauricio Macri suffered a severe setback in the primary elections against the opposition Peronist candidate Alberto Fernández.
With a noticeable financial tension, a series of exchange restrictions entered into force this week to curb the flight of reserves from the BCRA, to which an extension in the short-term public debt maturities was added in previous days.
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