Mexico: Fitch affirms ‘BBB-’ sovereign rating, maintaining a stable outlook

  • Fitch affirmed Mexico’s sovereign long-term foreign and local currency credit rating at ‘BBB-’, with a stable outlook

  • The rating remains supported by a prudent macro stance, robust external finances, and a stable path of debt/GDP

  • The announcement is in line with our view that the country will remain as ‘investment grade’ in the short- and mid-term

June 16th, 2023
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