Argentina's Country Risk Rebounds Toward 600 Basis Points

Argentina's country-risk gauge rose on Wednesday, October 7, after two consecutive sessions of declines. Rava's intraday market-data display showed 590 basis points, up 17 points, or 3.0%, from the previous reading of 573. Its daily table recorded an opening level and session low of 573, with an intraday high of 600 before the reading eased. The same table listed 599 on October 5 and 655 on October 2. These figures describe an intraday snapshot, rather than a confirmed closing value.