Macro Analysis /
Global

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

  • Fitch Ratings ratified Mexico’s sovereign long-term credit rating at ‘BBB-’, with a stable outlook

  • A prudent macroeconomic stance, robust external finances and a relatively favorable debt/GDP ratio support the rating

  • We reiterate our view that Mexico will remain an investment grade issuer in the short- and medium-term

Alejandro Padilla Santana
Alejandro Padilla Santana

Executive Director of Economic Research and Financial Markets Strategy

Contributors
Manuel Jimenez Zaldivar
Francisco Jose Flores Serrano
Juan Carlos Alderete Macal
Banorte
17 November 2021
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