Argentina's country risk rises for eight straight days to 566 basis points; 803 million dollars due to the IMF on 25 September

According to The Rio Times' daily guide dated 24 September, Argentina's country risk rose to 566 basis points on 23 September from 555 the previous day, its eighth consecutive increase. The same day the wholesale dollar closed at 1,516 pesos, at the top of its one-year range, the parallel rate rose to the 1,540–1,560 peso band and the Merval index fell 0.94%. According to an Infobae analysis dated 24 September, the index has climbed to this level from 400 basis points at the end of July, with trades seen in the 578–580 range; the five reasons cited by analysts are the central bank cutting its foreign currency purchases to a daily average of 13 million dollars in September, rising US interest rates, uncertainty over the 2027 election, the start of the campaign period and weak economic activity.

According to an Infobae report dated 23 September, the government will pay the 803 million dollar IMF principal instalment due on 25 September by buying special drawing rights with the Treasury's foreign currency deposits at the central bank; these deposits, which stood at 2.341 billion dollars on 18 September, will fall to 1.538 billion dollars after the payment. The central bank's gross reserves stand at 49.414 billion dollars; total external obligations in September amount to 1.452 billion dollars, with 3.826 billion dollars projected for September–December. The IMF mission may release a tranche of around 1 billion dollars at the end of the third review, which began on 21 September. The index's intraday level on 24 September was reported at 570, but the closing value could not be verified.