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October 23, 2014
Thursday, June 26, 2014

Merval down 2% after Griesa denies stay

Merval stock market droped 2 percent to 7,820.50 units after US Judge Thomas Griesa denied today Argentina’s request to suspend the ruling that obliges the country to pay “vulture funds” in order to honor its restructured bond commitments.

Boden 2015 in US dollars droped 2.6%, while the “par dollar” decreased 2%.

Meanwhile, Argentina's country-risk went up 1.3% percent to 676 basis points in the JP Morgan EMBI index.

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Tags:  Merval  stocks  country risk  JP Morgan  Wall Street  Griesa  





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