Why it is moving
Senegal is a major economy within the West African Economic and Monetary Union (WAEMU), which uses the XAF and XOF currencies pegged to the EUR. Citigroup's assessment of Senegal's debt risk may raise concerns about fiscal stability in the region.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
Political risk in Senegal and the potential for a debt reprofile highlighted by a major financial institution
No confirmed source evidence yet.
Upcoming events