Merval drops; Brazil's Bovespa falls

The panel of leading stocks index fell 1.11 percent to 3,383.14 points.

The peso-denominated Discount bond dropped 0.4 percent; Boden 2015, 0.1 percent; whereas 2017 Global bond gained 0.2 percent; Bonar 2015, 0.6 percent.

Meanwhile, Argentina's country-risk declined 1.8 percent, stood at 498 basis points in the JP Morgan EMBI index.

The US dollar traded for $4/$3.965 pesos, remaining unchanged compared to Monday's closing price in the main banks and foreign exchange houses in Buenos Aires downtown.

Meanwhile, the euro increased one cent and stood at $5.35/$5.25 pesos.

The main indicator of the Brazilian stock market's average performance declined 0.55 percent to 68,742.97 points. It has increased 1.6 percent in December; 0.3 percent so far in 2010.

Meanwhile, the US dollar dropped 0.4 percent to R$1.695 on the local spot market.