Mexico

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

  • Today, Fitch Ratings affirmed Mexico’s sovereign long-term foreign and local currency credit rating at ‘BBB-’

  • The rating is supported by a prudent macroeconomic stance, robust external finances, and a stable debt/GDP ratio

  • The decision strengthens our confidence that the country will remain ‘investment grade’ in the short- and mid-term

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Alejandro Padilla Santana @ Banorte
Contributors
November 18th, 2022
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