Argentina Markets: Merval & the Peso — July 11, 2026
Argentina’s S&P Merval rose 2.43% on July 10 on thin volumes due to a tourism-related non-working holiday. JPMorgan’s country risk fell to 402 bps, the lowest since 2018, on momentum from the government’s 2026-27 financing plan. Bank ADRs led, with Grupo Galicia up 9% in New York, while YPF fell 1.8%. The peso traded near its 52-week weak extreme.







