Fitch downgrades El Salvador rating on debt concerns

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⬆ +12 Fitch downgrades El Salvador rating on debt concerns $BTC bitcoin blockchain cryptocurrency XBT

 

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Fitch Downgraded El Salvador's Rating Citing Bitcoin Adoption RisksAmerican credit rating agency Fitch Ratings revealed downgrading El Salvador's long-term foreign currency Issuer Default Rating (IDR) to 'CCC' from 'B-.' The next housing revolution Yes accepting Crypto now Boxabl GalianoTiramani PaoloMBTiramani cryptocurrencies
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El Salvador’s Rating Downgraded By Fitch For Adopting Bitcoin As Legal TenderFitch Ratings, one of the “big three” credit rating agencies, has lowered El Salvador’s long-term issuer default rating (IDR). In a Wednesday report, Fitch pinned the nation’s debt repayment capacity at a mere CCC from the previous B-. The downgrade stems primarily from El Salvador’s big bitcoin...
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Fitch lowers El Salvador’s rating due to Bitcoin adoptionAn increase in short-term debt, an $800 million payment due soon, and a high fiscal deficit contributed to the downgrade. nayibbukele SCROOGECOIN Is the REAL DEAL! If you Love crypto, love Texas Holdem Poker, Like making money, get in now! And buy SCROOGE before the casino beta is released in Q2. nayibbukele Bullish nayibbukele BTC on finex as a retirement fund to me.
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