S&P Upgrades Mexico amid Soaring Inflation
By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
Read more