The market continues to support President Javier Milei's economic model as negotiations with the International Monetary Fund (IMF) progress to strengthen reserves and accelerate the lifting of currency controls.
This Friday, Argentine bonds in dollars rose again by an average of 1.5%, while the country risk fell to 692 points, its lowest level since February 14.
The market is closely monitoring the negotiations with the International Monetary Fund (IMF), which could bring fresh funds to bolster the Central Bank's reserves and give a key boost to the economic normalization process.
"Beyond the political tug-of-war, investors maintain an optimistic view of the economy, and the expectation of an agreement with the IMF adds even more confidence," explained economist Gustavo Ber.
Meanwhile, Minister Caputo confirmed that the program with the IMF is already defined and in the process of approval. "We have modeled different scenarios, and the IMF's technical staff agreed. Now the board must give the green light," he detailed in statements.
