Fitch Downgrades Ecuador's Sovereign Ratings to 'CCC'; Watch Negative.

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Fitch Downgrades Ecuador's Sovereign Ratings to 'CCC'; Watch Negative.

NEW YORK -- Fitch Ratings has downgraded the long-term foreign currency Issuer Default Rating (IDR) of Ecuador to 'CCC' from 'B-', indicating that default is a real possibility in the near term.

In addition, the following ratin...

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