Salvadoran vice president slams market fears over constitutional reform plan

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

El Salvador's vice president criticized international financial markets on Friday after government bonds took a tumble on the disclosure of a constitutional reform plan that includes extending the president's term.

The prices of government bonds have fallen this week on investors' concerns over the draft of a reform plan publicly released by a legal team led by Vice President Felix Ulloa.

Investors were already on a knife edge over a pending agreement with the International Monetary Fund, which was put in doubt after President Nayib Bukele announced in June his plan to make Bitcoin legal tender in the country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines