El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election

Name: El Salvador Debt Downgraded to CC Rating as President Bukele Seeks Re-Election
Uploaded: 2022-09-16T17:47:05Z
Duration: 7 min 429 s
Description: El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch.

Sep 16, 2022

El Salvador is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption, according to rating agency Fitch.

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