Macro Analysis /
GlobalMexico: S&P affirms Mexico ‘BBB’ rating, upgrading the outlook to stable
S&P Global Ratings ratified today Mexico’s sovereign long-term foreign currency credit rating at ‘BBB’
They upgraded the outlook from negative to stable, expecting a cautious execution of fiscal and monetary policies
The decision gives us more confidence that the country will remain as ‘investment grade’ in the short- and mid-term
Alejandro Padilla Santana
Executive Director of Economic Research and Financial Markets Strategy @ Banorte
Contributors
6 July 2022
Published byBanorte
