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Moody’s changes outlook on Mexico’s ratings to stable from negative; ratings affirmed

April 11, 2018/0 Comments/in Forex_news, Uncategorized Echo_9 /by euitsols

Moody’s have changed its outlook on Mexico’s ratings to stable from negative (Moody’s latest, the headlines via Reuters)

The agency has affirmed the A3 rating on the country
Affirmed Mexico’s foreign
currency and local currency issuer ratings
Foreign and local
currency senior unsecured ratings at A3

The full report is here

Moody’s cites:

outlook change driven by
structural reforms adopted since 2013 that have increased Mexican
economy’s resilience to shocks
risk to failure to NAFTA has not been eliminated completely, but has materially receded

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