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Paraguay Downgrade Risks Grows - LatinFinance

Summary by latinfinance.com
Fitch places the sovereign on rating watch negative after the Ueno Bank scandal toppled the country's president last week

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Qualifier Fitch Ratings negatively reviewed Paraguay's debt due to the economic and political repercussions following the collapse of Ueno Bank.

·Mexico
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The crisis ended up leading to a political trial against Santiago Peña, who was dismissed from the presidency. The Fitch entry puts Paraguay’s rating at risk after the banking crisis that caused the president’s fall was first published on Ultima Cable - World News.

www,finanzasdigital.com The risk rating agency Fitch Ratings placed Paraguay's sovereign rating on Wednesday in "negative surveillance" from "BB+", warning about the repercussions of the...

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In a statement released on Wednesday, 21, Fitch reported that it alerted the rating "BB+" to the implications of Ueno's bankruptcy

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Reuters broke the news in London, United Kingdom on Wednesday, November 11, 2026.
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