El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing. Source
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El Salvador's Debt Rating Cut to CC at Fitch
Ratings company Fitch downgraded El Salvador's long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repayment due January. Original Source
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El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground': Report
El Salvador's adoption of bitcoin as legal tender is working despite the losses of over 50% the government has incurred on its purchases, according to the country's finance minister. Source
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El Salvador's President Promotes Bitcoin Adoption by Emerging Countries
Bukele is hosting financial representatives from 44 developing economies as part of annual meetings of the Alliance for Financial Inclusion. Source
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