3 sources covering
Paraguay on Watch for Downgrade at Fitch After Bank Collapse
Bloomberg(subscription required) ·
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.
Who's covering it
First reported by CNN at · 3 outlets in all
- Bloomberg(subscription required)Paraguay on Watch for Downgrade at Fitch After Bank CollapseFitch 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.
- CointelegraphParaguay bank collapse shows stablecoins can offer a lifeline... of sortsUeno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.
- CNNBank collapse scandal in Paraguay leaves millions of customers unable to access their money