Bukele’s Bitcoin trade raises El Salvador’s sovereign credit risk: Moody’s -Breaking
[ad_1]
© Alpha Footage El Salvador’s historic embrace of (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service.
Moody’s analyst Jaime Reusche Submitted Bloomberg this week that El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a country that has struggled with liquidity issues in the past.
Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]
