ARArgentine financial markets began the week with mixed movements on Monday, August 3. The dollar rose across most segments, with increases of $5 in the official rate and $8 in the wholesale market, while the blue rate remained unchanged at $1,560. Financial exchange rates also rose, with the MEP at $1,523 and the contado con liquidación at $1,575. In the stock market, the S&P Merval recorded a slight decline of 0.1% in both pesos and dollars, while Argentine ADRs had mixed results on Wall Street. Sovereign bonds in foreign currency showed mostly gains, and the country risk index fell 3.5% to 415 points. The official dollar rate was $1,465 for buying and $1,515 for selling at Banco Nación, up $5 from Friday’s close. The wholesale dollar reached $1,493, up $8 from Friday. The blue rate remained stable at $1,540 for buying and $1,560 for selling. The MEP traded at $1,523, up $6, and the CCL reached $1,575, $1 above Friday’s rate. The S&P Merval lost 0.1% to 3,288,894.220 points in pesos and 2,086.90 points in dollars. Most stocks declined, led by Metrogas down 2.3%. Irsa and Banco Supervielle rose 1.9% and 1.5%, respectively. Argentine ADRs on Wall Street saw gains led by Grupo Financi
Bias read (Center): The article provides factual economic data and market performance without overtly favoring any political stance or ideology. It reports on currency fluctuations, stock market indices, and sovereign bond performances without editorializing or biased language.
