Argentina country risk jumps to 629, up 50% in 90 days despite Milei's claims

Argentina's country risk index rose 7 points to 629, accumulating a 50% increase in 90 days, contradicting President Milei's assertion that it is falling. The S&P Merval slipped 0.1% while the central bank bought US$182 million, pushing reserves above US$50 billion. The divergence between official optimism and market signals suggests persistent sovereign risk concerns.