:** The sanction is severe for Senegal. On Thursday, October 29, 2026, Moody’s downgraded the country’s sovereign rating for the fifth consecutive time, lowering its foreign currency rating from “Caa2” to “Ca,” a level close to default on the agency’s scale. This new downgrade comes at the worst possible time for Dakar, as the government...
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: Senegal: Moody’s strikes for the fifth time, amid a standoff over the amended finance law**
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