DBRS Morningstar Confirms Mexico at BBB (high), Trend Changed to Negative
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Summary
DBRS Inc. (DBRS Morningstar) confirmed the United Mexican States’ (Mexico) Long-Term Foreign and Local Currency – Issuer Ratings at BBB (high) and changed the trend to Negative from Stable. At the same time, DBRS Morningstar confirmed the United Mexican States’ Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (low) and changed the trend to Negative from Stable.