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El Salvador , Monday 31 August 2026

Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue

Published on: Wednesday 09 February 2022

Concerns over ability to service debt, concentration of power in the presidency, and adoption of bitcoin as legal tender drove the downgrade.


News source: https://finance.yahoo.com/news/fitch-downgrades-el-salvador-ccc-053920776.html

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