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In Double Whammy, Fitch Downgrades Mexico, Moody's Lowers Outlook

2019-06-06 03:34:26| OGI

In a double blow for Mexico, credit ratings agency Fitch downgraded the nation's sovereign debt rating on June 5, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody's lowered its outlook to negative.

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