How El Salvador’s Bitcoin-Loving President Won Over Wall Street
- Investors have warmed to Salvadoran President Nayib Bukele
- Central American nation’s debt has returned 19% this year
This article is for subscribers only.
For much of the four years since he won office, El Salvador’s President Nayib Bukele has relished his role as an anti-establishment warrior.
He sacked judges, exited a regional anti-corruption pact, spurned the International Monetary Fund and adopted Bitcoin as legal tender. All the while, he seemed wholly indifferent to what foreign investors thought of him.