April 29 (Reuters) – Ratings agency Moody’s Investors Service on Thursday affirmed Mexico’s long-term foreign-currency and local-currency issuer ratings at “Baa1” and maintained its outlook as “negative.”
Mexico’s deterioration in the fiscal accounts has been contained and its economic contraction is likely to be reversed, Moody’s said bit.ly/3t2o9aQ in a note.
Reporting by Kanishka Singh in Bengaluru; Editing by Leslie Adler
