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Prospect News home > News index > List of issuers E > Headlines for El Salvador > News item |
Fitch lowers El Salvador
Fitch Ratings said it downgraded El Salvador's long-term foreign- and local-currency issuer default ratings to BB from BB+. The B short-term issuer default rating and BBB- country ceiling were affirmed.
The outlook is negative.
The downgrade reflects a structural shift in the country's fiscal and growth trajectory, the agency said.
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