Argentina country risk dips below 500 bps; dollar stable, Merval mixed

In a thin session due to the US Labor Day holiday, Argentina's country risk fell to 490 basis points, below the 500 threshold, while the local dollar remained stable. The S&P Merval fell 0.2% in pesos but rose 0.5% in dollar terms, and bonds were mostly down. The move suggests continued investor confidence in Argentina's improving risk profile, though low liquidity limits signal strength.