Bukele’s Bitcoin trade increases El Salvador’s sovereign credit risk: Moody’s By Cointelegraph

[ad_1]
El Salvador’s historic embrace (BTC) could have a negative effect on the country’s sovereign credit forecast, according to Moody’s Investors Service.
Jaime Reusche Moody’s analyst say Bloomberg this week says El Salvador’s Bitcoin gambit “certainly adds to the risk portfolio” of a country that has struggled with liquidity problems in the past.
Fusion Media or anyone involved with Fusion Media will not be held liable for any loss or damage as a result of relying on the information contained in the data, estimates, charts and buy / sell signals contained in this website. Please be informed that one of the most risky forms of investment possible is the full information on the risks and costs associated with trading in the financial markets.
[ad_2]
Source link



