Fitch Ratings placed Paraguay’s credit rating on watch for a potential downgrade on Wednesday, citing risks to the nation’s finances and economy from a banking crisis that toppled President Santiago Peña and rattled investors.
Paraguay on Watch for Downgrade at Fitch After Bank Collapse
Fitch Ratings placed Paraguay’s credit rating on watch for a potential downgrade on Wednesday, citing risks to the nation’s finances and economy from a banking crisis that toppled President Santiago Peña and rattled investors.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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