aqlogo_white X
Politics, Business & Culture in the Americas
Countries   |   About    |   Subscribe   |   Newsletter |   Videos

Mexican Economy

In a move that was long anticipated by investors, Fitch Ratings downgraded Mexico on Monday to BBB—only two grades above non-investment grade, or junk status. The change by Fitch has been attributed to falling oil production and declining tax revenues due to this year’s expected 7 percent contraction of GDP.

Like what you're reading?

Subscribe to Americas Quarterly's free Week in Review newsletter and stay up-to-date on politics, business and culture in the Americas.