February 5, 2014 / 6:20 PM / 4 years ago

Mexico peso, shares turn positive on Moody's rating upgrade

MEXICO CITY, Feb 5 (Reuters) - Mexico’s peso and leading share index both turned positive on Wednesday after Moody’s upgraded the country’s sovereign rating outlook to A3 from Baa1 with a stable outlook.

Moody’s cited a raft of economic reforms spanning telecoms to energy that President Enrique Pena Nieto pushed through Congress last year, saying it expected them to boost “growth prospects and fiscal fundamentals”.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below