Feb 18 β€’ 16:42 UTC πŸ‡¦πŸ‡· Argentina La Nacion (ES)

The dollar rebounds after hitting lows since November and the country risk approaches 500 points

The Argentine dollar is rebounding after recently reaching its lowest point since November, with the country risk nearing 500 basis points and local stock prices rising.

The Argentine peso has seen an uptick after hitting the lowest values since November. The official retail dollar is currently selling at $1425 in Banco NaciΓ³n, reflecting a slight gain of $5 (+0.4%) compared to the previous close. Meanwhile, the wholesale dollar has also surpassed the $1400 threshold. In this context, Argentine shares traded on Wall Street have seen a significant rise of 3%, benefiting from a more favorable international economic environment.

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