Merval gains 1.7%

Merval benchmark index gained 1.68 percent at 3,332.95 points, while the country-risk dropped to 577 basis points in the JP Morgan EMBI index.

The US dollar remained unchanged and was traded for $4.065/$4.025 pesos.

Meanwhile, Brazilian Bovespa dropped 0.3 percent to 66,689.63 points.

The US dollar declined 0.3 percent to R$1.665 on the local spot market.