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Fitch downgraded El Salvador’s credit rating

U.S. rating agency Fitch Ratings has downgraded El Salvador's credit rating for the second time this year. The rating was lowered from CCC (significant credit risk) to CC (very high credit risk).

According to Fitch's analysis, this downgrade means that El Salvador is increasingly at risk of being unable to meet its financial obligations.

El Salvador has reached this point because of the maturity of US$800 million in . . .

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