Global X MSCI Argentina ETF Price & Performance (ARGT)

Argentina's peso continues its decline, with the official USD/ARS rate reaching 1,071 pesos per dollar and the parallel "blue dollar" at 1,195 pesos. The central bank has sold significant dollar reserves for three consecutive days to stabilize the currency. Analysts warn that the widening gap between official and parallel rates signals potential monetary instability.1

The Global X MSCI Argentina ETF (ARGT) shows conflicting trading signals this week. Technical indicators suggest buying above a resistance level of 84.26 with a target of 87.46, while shorting near the same level targets 80.41. Investors are advised to monitor resistance tests closely as market trends evolve.2

The Global X MSCI Argentina ETF (ARGT) ranks as the top-performing emerging market ETF with a 71.75% one-year return. Despite recent volatility, ARGT's performance highlights the growth potential in Argentina's equities. Investors are encouraged to research ETF holdings for tailored exposure to emerging markets.3