Country risk is triggered by fear of default and already reaches 2142 points



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The economic crisis generated by the government calls into question the financial support and country risk skyrockets to 2,142 basis points. The shorts between the president, Mauricio Macri, and the IMF is asking about the arrival of the disbursement for $ 5.4 billion.

In the context of a day that should be very complicated in financial terms, the indicator measured by the JP Morgan go up and It is already in its worst record in 14 years. The uncertainty generated by the relationship between the Government and the Fund is jeopardizing economic stability.

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The dollar rises again and is already trading above $ 60

Country risk varies up to 2,142 units and thus reaches its highest level since June 10, 2005, when Argentina left the default after restructuring its debt. Yesterday, the index has exceeded 2,000 units and broke the record of the Macri era.

The Government expects the Fund to approve disbursement under $ 5.4 billion inflate the reserves of the central bank. The monetary authority faces deadlines of more than $ 10 billion until December and the amounts available are weakened day by day by the flight of capital and the use made by the governing body to stabilize a dollar volatile.

The risks that a negative from the body can generate increase distrust in international markets and doubts about how the government will arrive on December 10.

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