# Country risk above 800 points and dollar at year high: what is happening in the market

> Argentina's country risk, measured by JP Morgan, rose above 800 basis points, reaching about 831 on November 3. The official retail dollar hit its 2026 high at 1,570 pesos, and the central bank bought no dollars on two consecutive sessions. Argentine stocks and bonds fell to one-year lows amid caution ahead of US midterm elections.

- Date: 2026-11-04 · published 2026-11-04T15:10:12.038Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/79943-country-risk-above-800-points-and-dollar-at-year-high-what-is-happening-in-the
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Central bank absence from FX purchases and a weaker peso raise the cost of dollar-priced feed imports for Argentine buyers. The effect on global feed grain prices is limited.

## Read by commodity

- USDARS: bullish ▲

## Sources

- planopolitico.com: https://planopolitico.com/2026/11/04/riesgo-pais-800-puntos-dolar-maximo-del-ano/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.