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.
Note: Content entitled ( "Moody 's " improved outlook for future Mexico 's economy with optimism about NAFTA ") first published on the website (direct site) does not bear the Encyclopedia of this day , the news content in any way.
And you can see the details of this title (" Moody 's " Improving its outlook for the Mexican economy with optimism about NAFTA ") through its original source, any site (live site).