EZB8RISK / Market Briefing

Argentina's markets are showing a modest lift, with the Merval edging higher and country risk holding steady, while the central bank's return to dollar buying has nudged reserves u

Argentina's markets are showing a modest lift, with the Merval edging higher and country risk holding steady, while the central bank's return to dollar buying has nudged reserves up in early October. The tension sits between that steadying reserve accumulation and lingering domestic worries over falling real wages despite a cheaper peso, a sign the inflation fight still weighs on sentiment. Meanwhile, fresh foreign investment approvals for a major copper project and a new citizenship offer for wealthy foreigners point to a government still working to draw capital in.

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