Moody’s Ratings downgraded Senegal’s sovereign rating from Caa1 to Caa2 on Friday, August 28, 2026, with a negative outlook. This new downgrade comes at a time when an International Monetary Fund (IMF) mission, present in Dakar from August 19 to September 1, is negotiating with authorities on the details of a new program. The agency…...
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Senegal: Moody’s downgrades rating to Caa2 amid negotiations with the IMF
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