El Salvador gets a downgrade from Fitch as the credit agency is concerned about nayibbukele's plan to issue bitcoin-backed bond. By thesamreynolds
El Salvador's President Nayib Bukele has downgraded El Salvador’s long term foreign currency issuer default rating to ‘CCC’ from ‘B-’ weeks before the country starts issuing its bitcoin bond.
The South American nation faces close to $1.2 billion in external debt amortizations in 2023, with $800 million due in January, Fitch noted. Fitch also said that the country faces a financing gap of $1.2 billion in 2022, which would rise to $2.5 billion in 2023.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Here’s how El Salvador is trying to improve the Chivo WalletFollowing issues with its Chivo Wallet, El Salvador's government has brought on at least two U.S.-based companies to help improve the app.
Baca lebih lajut »
5 Tips for Traveling in El Salvador Spending Only Bitcoin“The best thing about traveling in El Salvador using only Bitcoin is that it will force you to talk to the locals so much.” lorinaura and bip_show share their advice for Bitcoiners visiting the “land of many volcanoes.” ElSalvador bitcoin
Baca lebih lajut »
¿Los autos eléctricos resolverán el problema de smog en Los Ángeles?Hace poco los precios de la gasolina alcanzaron un récord en California que no se veía desde 2012, y Los Ángeles experimentó un aumento y una caída volátiles el mes pasado, con precios aún más altos que en 2020.
Baca lebih lajut »
Forex Today: Bitcoin and Ethereum Capped by ResistanceThe two major cryptocurrencies turn bearish after failing to clear key resistance levels. - Bitcoin and Etherum. Read more:
Baca lebih lajut »