12-November-2026
Economy News
 
Fitch Places Paraguay's Rating on Watch for Possible Downgrade After Ueno Collapse
12-Nov-2026

Credit ratings agency Fitch on Wednesday placed Paraguay's "BB+" sovereign rating on watch for a possible downgrade, citing fallout from the collapse of lender ueno and the subsequent political upheaval. The agency, which put its rating on "negative watch," flagged potential spillovers to the banking system, government finances, economic growth and policy continuity given the public and private deposits with the bank.

News Source:- https://money.usnews.com/investing/news/articles/2026-11-11/fitch-places-paraguays-rating-on-watch-for-possible-downgrade-after-ueno-collapse