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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Moody's improves outlook for Mexico's economy with optimism on NAFTA

rocky
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 Moody's improves outlook for Mexico's economy with optimism on NAFTA Empty Moody's improves outlook for Mexico's economy with optimism on NAFTA

Post by rocky Fri 13 Apr 2018, 2:50 am

Moody's improves outlook for Mexico's economy with optimism on NAFTA






2018/04/13 00:24


(Encyclopedia of this Day News | Iraq News  ) - Direct: agency "Moody 's " raised the outlook for future credit rating of Mexico, the erosion of certain risks related to the Convention "NAFTA".

Credit rating agency said in a statement Wednesday that it confirms the credit rating of Mexico at "a3" while improving the outlook to "stable" from "negative".

Moody's said the main factor contributing to Mexico's negative outlook last year was concerns about the NAFTA, while the situation is now more optimistic about the negotiations.

The United States, Mexico and Canada are in final stages of talks on redrawing the North American Free Trade Agreement (NAFTA).

The agency pointed out that the economic reforms carried out by the President of Mexico, "Enrique Pena Neto," led to increased economic resilience to shocks.

Moody's predicted Mexico's economy would grow by 2% this year and 2.5% next year, with rising potential in the following years to support US economic expansion and foreign investment in the oil sector.

By 6:51 pm GMT, the Mexican peso rose 0.1% against the US dollar to 18,2015 pesos.


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