MEXICO ISN'T INVESTMENT-GRADE YET

摘要

The news caught many by surprise: On Feb. 2, Moody's Investors Service announced that it was contemplating granting Mexico investment-grade status (Baal) for its foreign currency debt. The move has sparked a debate among Mexico watchers over whether the country is really ready to join the select group of investment-grade nations. In Latin America, only Chile is now a member of that club.