The Fitch ratings agency announced overnight that: Fitch Downgrades Mexico to ‘BBB-‘; Outlook Stable For those unfamiliar with rating agency nomenclature this means that Mexico’s debt is now just above what is called ‘junk’ status. This is profoundly unhelpful. At a time when Mexico, like almost every Latin American country, is facing the challenge of […]
source https://thebtrader.com/2020/04/16/the-ratings-agencies-be-subject-to-enforced-silence-on-government-debt-right-now/?utm_source=rss&utm_medium=rss&utm_campaign=the-ratings-agencies-be-subject-to-enforced-silence-on-government-debt-right-now
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